# Money-Sharing Services 'Paypal.me' is a Convenient Peer-to-Peer Payment Service By Christopher Magsambol | Published 2015-09-03 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/payment-service References: [theverge](http://www.theverge.com/2015/9/1/9238623/paypal-me-payment-service) & [paypal.me](https://www.paypal.me/) PayPal wants to end the awkwardness you may feel when asking friends or family for money through its new peer-to-peer payment service 'PayPal.me'. The service is a user-friendly solution and lets one request and receive money in a fast and efficient manner. Through a personalized link, users can request money from a peer through social media, email or text. A simple request can be made with a basic format sent out that reads, "paypal.me/username/20," with the last number indicating the amount of money needed. This service is perfect for a large group of friends or family who often [split bills](https://www.trendhunter.com/trends/bilito). Another group who can benefit from the app are business owners who can use it to keep track of their incoming money or receive payments from customers remotely. PayPal.me joins a number of money-sharing apps on the market including [Square Cash](https://www.trendhunter.com/trends/nier-automata) and [Google's](https://www.trendhunter.com/trends/monetization-app) Android Pay. ## Trend Insights (Trend Hunter) - Score: 2.4/10 - Popularity: 36% | Activity: 27% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, Europe, Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### Why This Trend Is Growing - **Peer-to-peer Payment Services:** A trend of convenient, personalized payment services that allow users to easily request and receive money from peers through social media, email or text. - **Mobile Payment Apps:** A trend of apps that make money-sharing and payments easier and faster than traditional methods, creating opportunities for businesses and individuals. - **Contactless Payments:** A trend of payment options that allow customers to pay remotely, e.g. through mobile payments, creating opportunities for increased customer convenience and speed in transaction processing. ### Industries Being Reshaped - **Financial Services:** There are opportunities for financial services companies to create innovative, personalized payment solutions for individuals and businesses within a growing, competitive marketplace. - **Retail:** Retail businesses can benefit from adopting mobile payment options and accepting payment remotely to increase customer convenience and reduce transaction processing time. - **Hospitality:** Hospitality businesses can take advantage of peer-to-peer payment services for bill-splitting and offering contactless payment options for increased customer convenience and speed in transaction processing. ## Related on Trend Hunter - [Online Tip Collecting](https://www.trendhunter.com/trends/collect-tips.md) - [Simplified Expense Sharing](https://www.trendhunter.com/trends/easysplit.md) - [Bill Splitting Apps](https://www.trendhunter.com/trends/splitit.md) - [Group Expense Tracking](https://www.trendhunter.com/trends/group-expense-tracking.md) - [Effortless Group Payment Tools](https://www.trendhunter.com/trends/tabbit.md) - [Fair Expense Sharing](https://www.trendhunter.com/trends/heypenny.md) - [Bill-Splitting Apps](https://www.trendhunter.com/trends/splitparty.md) - [Money-Pooling Finance Apps](https://www.trendhunter.com/trends/group-financing-platform.md) - [Integrated Bill Splitting Features](https://www.trendhunter.com/trends/bill-splitting-features.md)