PayPal adds Bump Technology to Android 2.0 apps

August 8, 2010 Kumar Mobiles, 0

PayPal has rationalized its Android app Bump technology to bring it on equality with the Apple iPhone. This new cool feature enables the user to just tap two phones together to send cash. This could be very convenient and much easier than typing in a person’s information.

In the meanwhile company said that is not only the feature that has been added with PayPal 2.0 for Android.

It also facilitates you with another great feature, splitting the cheque feature, which lets you automatically calculate the total cost of a bill and then collect money directly from friends when out to dinner. Through this new feature you can be easily paid back on the spot the next time you’re stuck picking up the bill.

The PayPal Android app will also help to stimulate the mobile payment market. PayPal said, “it has already seen this growth, as the company has generated almost twice the volume of mobile payment volume in the first half of the year as it did for all of 2009. In all, it expects 2010 to generate over $500 million in mobile payment volume”.

paypal

However, if you will look around, can realize that other competitors such as AT&T, T-Mobile and Verizon are also digging down to implement Near-Field Communication, which will again help consumers to pay for their products.

Well!!! NFC approach could be very interesting because you could potentially just filch your phone on a special terminal to pay for products. Indeed this facility is really cool but may be it will need some more time to get implemented.

Perhaps players like PayPal, Visa, and Master card aren’t just going to let go this market over. So, lets watch

this battle, where everybody is good at its own.

In the meanwhile company said that is not only the feature that has been added with PayPal 2.0 for Android.

It also facilitates you with another great feature,

splitting the cheque feature, which lets you automatically calculate the total cost of a bill and then collect money directly from friends when out to dinner. Through this new feature you can be easily paid back on the spot the next time you’re stuck picking up the bill.

Perhaps players like PayPal, Visa, and Master card aren’t just going to let go this market over. So, lets watch this battle, where everybody is good at its own.