NFC: PayPal presents an application of transfer of money between smartphones Android

NFC: PayPal presents an application of transfer of money between smartphones Android
the application makes it possible to send or receive money by approaching 2 terminals Android NFC one of the other. It will be available in the current of the summer.

PayPal benefitted from the Happy Mobile 2011 to make the demonstration of an application NFC intended for the smartphones Android. Free, it makes it possible to transfer from the money very simply by plating two terminals one against the other. It functions for the moment only with Nexus S which is the only model under Android to have a chip NFC.

The system is protected so that it is necessary to enter a secret code or a code PINE in order to validate the transaction. PayPal indicates that this application will be available later this summer. The subsidiary company of eBay melts of great ambitions in the payment on mobiles.

It re-examined already with the rise its forecasts for this year and counts on a volume of transactions of 3 billion dollars.

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