Paypal funds transfer feature announces "Phone to Phone" with NFC technology

Latest technology news, There is a breath of fresh air for Americans who often forgot to bring my wallet when they want to pay anything? Due Wednesday announced yesterday Paypal Applications with features that allow users to transfer money between mobile phones using the technology that existed at the android.



This feature is similar to applications bump that can transfer contact information from one device to another. Samsung Nexus S mobile users that use the Android operating system will be able to use their phones together to transfer money.
 
Applications paypal will incorporate NFC technology that requires a special chip that enables fast and secure transactions. Unlike the Asian region which had already using NFC technology, the Americans are still warming up.
 
Paypal applications will be available through the Android model in the summer, but still limited to the Samsung Nexus until the appearance of mobile phones that support NFC technology is more.