PayPal updates their app for the Apple iPhone
eBay owned online payment service PayPal has released a new version of their app for the Apple iPhone.
This new version comes with several new features. The coolest one is the support for bump based transactions.
In simple terms, you can now exchange money by simply bumping your iPhone with your friend’s.
They are using technology provided by Bump Technologies for this new feature.
Read more about it here: Owe Someone Money? Just Bump Your Phones
Here is a cool video from the company showcasing the new app…
We personally believe that this video is definitely the coolest thing PayPal has ever done in their history!