Paypal is now Bumpable and Other New Additions

PayPal for iPhone, iPod touch, and iPad on the iTunes App Store.

Paypal version 2.0 has arrived on my iPhone with some interesting new features. If you are not familiar with the app which  was updated seemingly just weeks prior to this, here is the Description on the iTunes Store page:

Description

PayPal’s mobile money application is the faster way to send money with your iPhone® to friends and family anytime, anywhere. It’s much easier than going to the ATM to withdraw cash, writing checks, and sending gifts the traditional way. And you can manage your PayPal account right from your mobile device. All of this with the security and protection you get from PayPal.

The New features include:

• Brand new look and feel!
• Bump: Easily start by bumping iPhones.
• Withdraw funds from your PayPal balance.
• Request Money: Get paid faster, it’s the easy way to ask for the money you are owed.
• Split the Check: Instantly split the bill, calculate tip, and request everyone’s share.
•Collect Money: Ask for contributions from a group for an event, gift, or cause.
•Set Reminders: Never miss rent or a bill.
• Refer the app to a friend
Wait a minute did I just read the second feature correctly? Bumping for money?Really?
What a concept. Let’s just hope that the pick pockets don’t find a way to hack into your account and bump your money. what do you think about all this?

1 Comment

  1. I think that the new bump feature is really cool! It won't be easy to steal money with a bump though, because the app must be open on both phones for the bump feature to work. So you can't accidentally give money to everyone. I'm excited to see what PayPal has in store for the future!

    Reply

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