Useful if it keeps track of when you lent your mate a tenner and if they've paid it back or not. Not so useful for ridding yourself of pocket shrapnel at the local tube tramp.
Paypal emits cash swap tap app for Android
PayPal has updated its Android client to allow person-to-person transactions by tapping phones together, but without the complexity everyone else is using. Finally you can borrow an electronic tenner at the bar, just by tapping phones together. Assuming you both use PayPal, and have NFC-capable Android, handsets, and have the …
Wednesday 9th November 2011 13:40 GMT Ben 47
Wednesday 9th November 2011 17:35 GMT @brykins
Tuesday 15th November 2011 12:46 GMT N13L5
I sort o like...
Few people would officially admit to liking Paypal, but after having tried Moneybookers/Skrill recently, I've found out how much worse you can do... I've grown a lot more fond of Paypal since...
I'm wondering with this tenner borrowing business, does that come out of a balance of cash you earlier stored up in your phone or does it get pulled from your bank account?
On another tangent, I've heard a conspiracy theory that the powers that be - err, namely that ominous banking cartel that runs 'everything', want to prepare us for a world with no physical money, so they can much better control us all... If you offend the wrong people somewhere, they can just turn off your access electronically and you're out of commission...
This would look like another step forward on their grand masterplan :P