_____ services act as a middleman, allowing individuals to securely send and receive money.

• A. Bank transfers
• B. Mobile wallets
• C. Person-to-Person (P2P)
• D. Merchant services

Answer: (C)

Person-to-Person (P2P) services are designed to act as the middleman between two people who want to send money to each other. They provide a secure channel that handles authentication, transfer instructions, and settlement, so you don’t have to share sensitive bank details directly with the other person. These platforms link to bank accounts or cards, encrypt data, and often offer fraud protection and dispute resolution, making the whole transfer quick and safer for everyday use.

Bank transfers do move money between accounts, but they’re typically direct transfers between banks rather than a consumer-focused middleman service. Mobile wallets enable storing value and making payments, and they can support P2P transfers, but the explicit role described—the platform that sits between two individuals to securely move money—is best captured by P2P services. Merchant services, on the other hand, are geared toward businesses accepting payments from customers, not individuals sending money to one another.