oboloo Glossary

P2P Payment Process

oboloo Glossary

P2P Payment Process

The official business definition of P2P Order is a type of business transaction that allows the buyer and seller to have a direct relationship between each other. This type of transaction is often referred to as a peer-to-peer transaction, meaning that there is no intermediary or third party involved. In other words, the buyer and seller are dealing directly with one another. P2P Order typically involves the buyer placing an order with the seller, who then sends the goods or services to the buyer. This type of transaction is particularly useful for businesses that do not have the resources or abilities to build a full-scale supply chain. P2P Order is also advantageous to businesses because it is relatively cost-effective and it helps to streamline the ordering process. Furthermore, it can be used to quickly and securely transfer large amounts of money across countries, reducing the cost of doing business internationally. P