Paypal announces NFC Peer to Peer Transactions

Say Cheers to your Friend with Android phone in Hand to send money to your friend via Paypal. Paypal has brought NFC peer to peer transactions to Android smartphones that has NFC enabled. Certain android smartphones dont have this NFC feature enabled, hence it is not possible to do NFC transactions on such devices.

paypal nfc

What is NFC ?

Near Field Communication (NFC) is a wireless connectivity technology that enables convenient short-range communication between electronic devices. NFC offers the ultimate in convenience for connecting all types of consumer devices and enables rapid and easy communications.

[youtube width=”550″ height=”344″]http://www.youtube.com/watch?v=ovxA35hQ058[/youtube]

This new integrations looks really cool and best way to send money to your friends using Paypal and also to receive. Paypal Mobile Payments are now easier than before after the arrival of NFC. Its almost the best way to send / receive money between paypal users when they are near.

Do you find this great feature addition interesting ? Please do let us know via comments.

About the Author: Robin C

Security Consultant, Engineer, Technology Enthusiast and Blogger.

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4 Comments

    1. Yup NFC is meant for such communication and this makes the mobile payments bit easier now. Ofcourse its no use for indians.

      Robin

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