What is the purpose of personal transfer to individuals?

Such uses include payment for shopping, debt repayment and emergency fund transfer.

1. Shopping payment: In daily life, person-to-person transfer is often used for shopping payment.

2. Debt repayment: When the debt is due, you can repay the debt by transferring money from person to person.

3. Emergency fund transfer: In some emergency situations, it is necessary to quickly transfer funds to another account. At this point, the fund transfer can be completed through person-to-person transfer.