Wednesday, July 13, 2011

PayPal to use NFC for peer to peer payments

PayPal to use NFC for peer to peer payments

Ever since Google Wallet was launched not too long ago, it seems to have inspired the NFC-payment movement in the country, with the next company to enter the game being PayPal - one of the world's most popular ePayment systems. Today, PayPal has just announced the launch of its NFC-enabled Android widget that lets its users make payments with their smartphones. Instead of having to log on to PayPal to authorize a transaction, users can now just bump two NFC-enabled phones together i.e. the Samsung Nexus S to exchange money.

Ubergizmo, PayPal to use NFC for peer to peer payments

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