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Phone to Phone Paypal Payments for Android Now Available

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Reading this really makes one feel like the future is here now! In what is likely the beginning of a new wave of payment options for the future, Android now supports NFC, which is the technology that allows you to basically wave your phone in front of another phone and transfer payment via Paypal.

Hereís how it works:

Person 1 begins a money send or money request via a homescreen widget
Person 1 and 2 hold their NFC-enabled Android phones together until they vibrate.
Person 2 punches in their pin. Bam! Just like that, the money is transfered. Itís like the Wonder Twins, except instead of rings you have phones and instead of turning into an eagle or a bucket of water you get money.


[URL="http://techcrunch.com/2011/07/13/paypal-announces-phone-to-phone-nfc-payment-support-for-android/"]Read more about Phone-To-Phone Payment Support on TechCrunch[/URL]

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