New PayPal Android App Features NFC Bumping
By Ina Steiner
PayPal mobile users have been able to "bump" phones to exchange money for some time, but PayPal has now launched a new release of its Android mobile app that uses NFC to power the peer-to-peer (P2P) money exchange.
PayPal Product Experience Manager Shimone Samuel said using NFC makes bumping even easier - but both parties exchanging funds must have NFC-enabled phones. NFC stands for Near Field Communication and works through wireless connections between two devices in close proximity to each other.
Samuel explained that the feature requires two NFC-enabled Android phones with the PayPal app and with the Request Money widget installed. "Requesting money is a simple process: just enter an amount, and then tap phones. Once your friend receives the request they simply enter their password to send money."
In writing about the new release, he makes a point of stating that the PayPal app can work with the dozens of NFC enabled phones,"not just the Samsung Nexus S" - that's because PayPal's rival Google's mobile payments offering, the Google Wallet, is only compatible with the Nexus S 4G.
Release 3.0 of the PayPal Android app is available on the Android Market and also features a redesigned landing screen, simplified process for sending money, and features such as auto-complete from users' address books.
About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to email@example.com.
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