Quantitative models project continued share price appreciation in online money transfer leaders, aligning with recorded 14-day RSI readings just above neutral levels, hinting further room for a bullish run without overbought signals. “They tell me that I was the one who closed out both of my accounts and that I was the one who authorized the transaction to go to another recipient, which I never did,” Wilkinson said. Peer-to-peer transfers are a popular method of transferring money digitally. According to the Pew Research Center , 76% of Americans said they used at least one of the major payment apps: PayPal, Venmo, Zelle, or Cash App . These platforms allow you to transfer money to other users without having to write a check or know the other person's banking details. The online money transfer sector's market cap crossed $250 billion, with investor sentiment buoyed by strong Q2 earnings reports. JPMorgan research projects a 6% CAGR through 2025 as digital wallets penetrate emerging markets and FX fee margins remain stable.