Peer-to-peer lending (P2P) is a method of debt financing that enables individuals to borrow and lend money – without the use of an official financial institution as an intermediary. Peer-to-peer lending removes the middleman from the process.
It allows people with extra money in their Easypay accounts to lend money for a commission. Interest is earned per borrow.
It also allows for borrowers to get money they can use to pay bills, send out to mobile money, pay for goods and so much more.
