Joompay is a new P2P payment app designed to "provide seamless, secure, and lightning-fast money transfers across Europe." The EU-wide app supports both peer-to-peer and person-to-business payments, ensuring consumers can easily and efficiently get paid for work.
In light of the COVID-19 pandemic–which accelerated the global transformation of payments–the Joompay app solves the lack of peer-to-peer payments co-existing solutions. Now the majority of Europeans can transfer money to each other. The universal financial app nearly instant transfers and allows users to send money to anyone, regardless if they use Joompay or not. However, the app does not allow users to share their personal Joompay URL, create customizable payment pages, or receive donations.
”The app has been engineered to deliver a best-in-class and the first pan-European experience of peer-to-peer payment solutions,” Yuri Alekseev, CEO and co-founder of Joompay, says. “The increasing popularity of non-cash payments during the pandemic ensured us that now is an excellent opportunity for further development”
Image Credit: Joompay