November 10, 2011
PayPal adds NFC features for Android 3.0-powered smartphones
TORONTO --Online payment giant PayPal has released version 3.0 of its mobile payment application for Google's Android 3.0 operating system with near field communications (NFC)-based functionality. This feature is set to enable users to transfer funds by ‘bumping’ their smartphones.
In July 2011, PayPal released its mobile payment app for Android-powered smartphones. The current upgrade increases the availability of the service to all NFC-enabled Android smartphones, not just the Samsung Nexus S, which is the sole Android device that supports the Google Wallet payment platform.
PayPal for Android 3.0 also comes with a redesigned landing screen, a simplified process for sending money and auto-complete features based on the phone's address book.
In order to transfer money with the NFC P2P PayPal app, the sender enters the amount and then ‘bumps’ the phone with the recipient’s device. The latter then enters its password and the transaction is carried out.
The app is available for download from Google's Android Market.