Taking cues from an
ING Direct app that used its API, Bump Technologies has developed its own version of the
mobile payments software, enabling phone-to-phone "Bump" transactions using PayPal. Yes, PayPal. That minor processing detail aside, the service appears to offer a fun solution for simplifying the fairly painful process of paying the check at group meals, or splitting a tank of gas with a friend. Both you and your bud need to have the app installed before you can beam that green, and there's no option to send payments remotely, though you could always use plain ole vanilla PayPal for that. The app is free, and if you have a checking account linked you won't have to deal with any fees. Bump Pay is iOS only "at launch" (read: it
could be making its way to Android as well), so for now you'll need to bump the App Store to get folks paid.
Bump Pay lets you tap a friend for cash originally appeared on Engadget on Fri, 30 Mar 2012 03:22:00 EDT. Please see our terms for use of feeds.
Permalink 
TechCrunch |
Bump Pay |
Email this |
Comments
Libra isn't Facebook's only big leap into the payment world. The social media giant has unveiled Facebook Pay, its bid at simplifying both purchases and money transfers. Once you've set a payment method, it's theoretically quick and easy to buy tic...
Samsung Pay, the tap-to-pay service that uses an NFC-enabled smartphone for payments, has been slow to catch on. Last year it finally got Paypal support and added the ability to purchase transport tickets in New York City. It's never got close to the...
