P2P online payments in Europe

New ways and solutions to exchange money among people without using cash are recently booming. Yet, usage of digital methods for P2P payments is still very limited (less than 1%) and spread in a big variety of different apps and online solutions. The future seems brighter for PayPal and new mobile solutions than for Banks. When looking at ways of settling a P2P debt in a cashless way in the future, people largely rely on PayPal and tend to leave the existing online banking services.