Thursday, July 14, 2011

PayPal Uses NFC to Make Peer-to-Peer Payments Easier

Today at MobileBeat 2011 PayPal took another step towards realizing the PayPal vision of creating an entirely new way for people to shop and pay – anytime, anywhere and on any device – with the announcement of our peer-to-peer NFC solution. At this morning’s session, I had the privilege of demoing our new NFC-enabled Android widget that lets people pay and get paid in a matter of seconds by simply tapping together two Samsung Nexus S phones. This feature will be out in the market late this summer. The video below shows how it works.