An updated version of the PayPal for Android application has harnessed 'Bump' technology for real time money transfers between two connected mobiles.
Knocking a pair of mobiles together which both have the app open will let people exchange cash online in a quirky new way that has already been used on the iPhone equivalent for some time.
PayPal has also updated the app to allow for real time withdrawals as well as payment processing. There is even an integrated calculator function that lets users work out how much tip needs to be left after a meal, essentially making standalone apps that offer this service redundant.
PayPal 2.0 for Android is available to download free from the Android Market right now.
The idea of bump technology is not new, given that many modern smartphones now have integrated motion sensors, though it is only integrated into a handful of applications. If it is continually integrated by mainstream services like PayPal and it gains widespread acceptance, it could soon become an indispensable feature for mobile users.
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