CompareComparing...

Paypal throws a hook, Launches Mobile to Mobile NFC Payments

Now Reading
Paypal throws a hook, Launches Mobile to Mobile NFC Payments

Browse This Page

Paypal usually not preferred by Sellers has announced a new Mobile-Mobile NFC payment system at the Mobile Beat 2011. NFC equipped Device owners, majorly Nexus S, can accept transactions from other NFC equipped devices. 

Currently the functionality is limited – there is only the Nexus S which is supported- and only specific type of transfer requests can be made. Paypal promises its working hard to roll out the system more commercially. Also to note – Inter-Mobile transactions will be free of cost especially if you are using a tied bank account or Paypal credit.

The app will be available for free in the Android Marketplace in the coming months. Check out the video demo below

 

What's your reaction?
Awesome
0%
Epic
0%
Like
I Want This
0%
Meh
0%
About The Author
Bharat Nagpal

Founder and Chief Editor of iGyaan. Bharat likes to keep on top of technology ! Follow Him on Google Plus : Google+