Daily Mobile Industry Snippets!
PayPal has offered a free application for the iPhone ever since the App Store launched in mid-2008, and it has gradually been improving over time. They has just launched an upgraded iPhone application that adds new features and includes a facelift that’s meant to help instill a greater sense of security. And it now has Bump prominently featured in the app as a quick way to initiate transactions.
First, it now allows you to send a money request to your contacts (it’s essentially a bill). Second, you can now withdraw money out of your PayPal account and deposit it into your bank account. And there’s the Bump integration, which allows you to exchange money simply by tapping two iPhones together and entering the amount of the transaction. Other new features includes an integrated tip calculator and bill splitter, as well as a reminder function that alerts you when you need to send or withdraw money.
Source:
http://techcrunch.com/2010/03/15/paypal-iphone-app-bump/
Tags: apple, BUMP, bump technologies, iPhone, paypal, paypal mobile