PayPal Brings NFC Money Transfers to Android [VIDEO]
Ever wanted to send money to your friend via your phone? PayPal has showed off its new Android widget that let’s PayPal users transfer money to one another simply by tapping together their Nexus S phones.
At the moment, the NFC transfer will only work with the Nexus S, because it’s the only Android phone with NFC capabilities. This is a big competition for Google Wallet as PayPal has taken advantage of Google’s free Android NFC SDK. As more Android phones are produced, we’ll see the widget work on a wider range of devices.
The process is quite simple. Users can either request to send or request to receive money via the PayPal widget. When the request is sent, you simply hold the phones together until they vibrate, then enter your PayPal password or PIN to complete the money transfer.
This video explains how the process works:
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