# Accessible P2P Payments Apps Mogo Launched a P2P Payment Solution to Easily Send and Receive Money By Grace Mahas | Published 2021-02-04 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/mogo References: [finextra](https://www.finextra.com/pressarticle/83863/canadas-mogo-preps-mobile-p2p-payments-app) & [mogo](https://www.mogo.ca/?gclid=Cj0KCQiA0-6ABhDMARIsAFVdQv8YBomowknFi0bEXx-SX8IIG13qmvxnrFZnb6x3fsrg7xCLt0JnseIaAmDYEALw_wcB) Mogo, the Canadian financial technology company, recently launched a new [mobile peer-to-peer (P2P) payment solution](https://www.trendhunter.com/trends/beerme) designed to make it simple and easy to share money through family and friends. The new mobile, next-generation payment solution was designed to meet the shifting needs of Canadians who are embracing the convenience of [going cashless](https://www.trendhunter.com/trends/aleta-planet) – especially amid the COVID-19 pandemic where many consumers are avoiding in-person payments and cash. David Feller, Mogo’s Founder & CEO, commented on the launch, stating: "As more Canadians embrace the convenience of a cashless life, we expect to see growing demand for mobile, next-generation payment solutions that let users [send and receive money instantaneously](https://www.trendhunter.com/trends/easysplit) from their smartphone...Peer-to-peer payment is a natural extension of our digital platform and will complement and seamlessly integrate with our other products such as MogoSpend, giving our more than 1 million Mogo members even more utility and value.” Image Credit: Mogo ## Trend Insights (Trend Hunter) - Score: 4.5/10 - Popularity: 43% | Activity: 82% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Market](https://www.trendhunter.com/market) ## Key Themes ### Key Themes Behind This Trend - **Mobile P2P Payments:** The rise of P2P payments through mobile devices presents opportunities for the development of user-friendly, intuitive payment apps. - **Cashless Payments:** The increasing use of digital payments due to COVID-19 has accelerated the need for easy-to-use platforms that provide cashless payment options for users. - **Integrated Digital Platforms:** P2P payment solutions that can seamlessly integrate with other financial technology products, such as digital spending apps, are likely to gain traction in the market. ### Where This Applies - **Financial Technology (fintech):** Fintech companies can capitalize on the growing demand for mobile P2P payment solutions by developing user-friendly platforms that offer convenient, cashless payment options. - **Mobile App Development:** Mobile app developers can take advantage of the rising trend towards mobile P2P payments by creating intuitive, user-friendly payment apps that provide a seamless payment experience for users. - **E-commerce:** E-commerce companies can benefit from partnering with or incorporating mobile P2P payment solutions into their platforms, which can increase sales and improve customer satisfaction through streamlined payment processes. ## Related on Trend Hunter - [Visual Payment Apps](https://www.trendhunter.com/trends/vizme.md) - [Global P2P Transfer Services](https://www.trendhunter.com/trends/eco-inc.md) - [Group Finances-Centered Payment Apps](https://www.trendhunter.com/trends/innovative-payment-app.md) - [Shared Expense Managers](https://www.trendhunter.com/trends/paymates.md) - [Africa-Focused Digital Wallets](https://www.trendhunter.com/trends/abba-payments.md) - [App-Based Employee Payments](https://www.trendhunter.com/trends/instant-financial-1.md) - [Instant Payment Platforms](https://www.trendhunter.com/trends/paywint.md) - [Shareable Purchase Features](https://www.trendhunter.com/trends/hollister.md) - [Global Money-Transferring Apps](https://www.trendhunter.com/trends/hsbc-2.md)