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P2P payments

Peer-to-peer payments, also known as P2P (Person-To-Person) payments, are direct transfers (bank transfers) between consumers. We often use them to share a joint gift, for example, to purchase used items on Marktplaats, or to give a child or grandchild some money. Peer-to-peer payments are increasingly being made in digital form, via mobile apps or online trading platforms.

Recent developments in society

  • Whereas peer-to-peer payments used to be mainly made in cash, they are now often made electronically. In 2024, 64% of all peer-to-peer payments were made electronically.
  • In 2024, the total value of all peer-to-peer payments amounted to approximately €29 billion, of which more than €20 billion was transferred digitally.
  • Electronic peer-to-peer payments continue to increase, partly thanks to the convenience of request-to-pay functions via mobile apps. With just a few clicks, users can send a request-to-pay message via mobile messaging services, email, or SMS.
  • These mobile apps also offer the option of using a QR code for easy peer-to-peer payments between people who do not know each other’s mobile number or email address.

Role of the Dutch Payments Association

The Dutch Payments Association plays an active role in monitoring and promoting reliable, easy, and efficient peer-to-peer payments. We collect and analyze (anonymous) data on the use of P2P payments, we collaborate with banks and fintechs on innovations, and we are committed to inclusion, so that everyone can make easy and reliable digital payments to each other.

Our vision for the future

With the introduction of European regulations, such as the Instant Payments Regulation, and the further development of Wero (the successor to iDEAL) and the digital euro, the landscape of peer-to-peer payments will continue to change in the coming years. The Dutch Payments Association is monitoring these developments for its members and stakeholders with a view to ensuring accessible and future-proof peer-to-peer payments.

Facts and figures

  • 614million In 2024, a total of 614 million peer-to-peer payments were made in the Netherlands
    In 2024, a total of 614 million peer-to-peer payments were made in the Netherlands
  • 64% Of all peer-to-peer payments in 2024, 64% were made electronically, for example via online banking or mobile apps
    Of all peer-to-peer payments in 2024, 64% were made electronically, for example via online banking or mobile apps
  • €29.2billion The total value of all peer-to-peer payments amounted to €29.2 billion in 2024
    The total value of all peer-to-peer payments amounted to €29.2 billion in 2024

Latest news

  • Elderly increasingly pay with debit card

    • News
    • Card payments
    Published on:
    The Dutch pay with cash at points-of-sale (POS) slightly less often. Only 17% of Dutch payments are made in cash. Even people aged 75 and older increasingly pay with cash less often and increasingly with a debit card. In total, Dutch consumers made slightly fewer POS payments in 2025…

A list of articles

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Frequently asked questions

  • What is the Dutch Payments Association doing in this area?

    The Dutch Payments Association promotes secure, accessible, and efficient peer-to-peer payments. We work together with banks, fintechs, and policymakers to promote innovation and ensure that everyone—regardless of age or digital skills—can participate.

  • Why do some people still use cash?

    Although electronic payments are becoming increasingly popular, some people—such as the elderly or those on lower incomes—prefer to use cash. This may be due to habit, trust, or limited access to digital resources.

  • How does paying with a QR code work?

    A QR code contains all payment details, such as the amount and the recipient’s IBAN. You scan the code with your banking app, check the details, and confirm the payment. This prevents input errors and speeds up the process.

  • What if I accidentally transfer the wrong amount?

    If you make a mistake when making a payment, you can ask the recipient to refund the amount. Banks can mediate in some cases, but in the case of voluntary payments, recovery is not guaranteed.

  • Is it safe to pay via a request-to-pay?

    Yes, as long as you use reliable apps and banking environments. Always make sure you recognize the request and check the name of the recipient. Don’t just click on links in unknown messages.

  • What types of peer-to-peer payments are there?

    There are various ways to make peer-to-peer payments:

    • Mobile requests-to-pay via apps such as Tikkie, Bunq, or your banking app.
    • QR code payments, where you scan a code to pay immediately.
    • Direct transfers via mobile or internet banking.
    • Cash payments, especially for small amounts.

  • What are peer-to-peer payments?

    Peer-to-peer payments are money transactions between consumers. Examples include refunding a movie ticket, splitting a restaurant bill, or transferring a contribution for a gift. These payments can be made in cash, electronically, or via a request-to-pay.

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