"ING Direct customers can now transfer payments to friends with the bump of a cellphone — no account numbers needed.
The bank released an updated version of its iPhone app [iTunes link] on Wednesday morning that integrates an API from Bump Technologies, a startup that makes it easy to transfer information between phones by tapping them together.
Previously Bump’s technology has been used to exchange contact information, photos and music between users. This is the first time that a bank has leveraged it for person-to-person payments." >> Read More
Showing posts with label BUMP. Show all posts
Showing posts with label BUMP. Show all posts
Thursday, May 5, 2011
Thursday, March 18, 2010
PayPal Mobile in the News
Time Seems Right for Paypal to Fly
"Should eBay change its name to PayPal? The company’s auction business is mature, but PayPal, its online payments business, is growing fast. Plans announced on Wednesday to double PayPal’s Asian staff by the end of the year accentuate the point. A better idea than changing the stationery, however, is spinning off PayPal."
The Future of Money is Mobile
"The wallet you carry in your pocket today will be in the cloud tomorrow, and you'll use your mobile phone to access it – so says Francesco Rovetta, director of business development for PayPal Mobile. The growth in mobile payments is exploding. For PayPal alone, mobile transactions have increased from $24 million in 2008 to $140 million in 2009."
PayPal Launches Revamped iPhone App, Teams With Bump For Phone-Tapping Money Transfers
"PayPal has just launched an upgraded iPhone application that adds new features and includes a facelift that’s meant to help instill a greater sense of security. And it also brings with it big news for Bump Technologies, the startup that lets you exchange information simply by tapping smartphones together: Bump is now prominently featured in the PayPal iPhone application as a quick way to initiate transactions. "
"Should eBay change its name to PayPal? The company’s auction business is mature, but PayPal, its online payments business, is growing fast. Plans announced on Wednesday to double PayPal’s Asian staff by the end of the year accentuate the point. A better idea than changing the stationery, however, is spinning off PayPal."
The Future of Money is Mobile
"The wallet you carry in your pocket today will be in the cloud tomorrow, and you'll use your mobile phone to access it – so says Francesco Rovetta, director of business development for PayPal Mobile. The growth in mobile payments is exploding. For PayPal alone, mobile transactions have increased from $24 million in 2008 to $140 million in 2009."
PayPal Launches Revamped iPhone App, Teams With Bump For Phone-Tapping Money Transfers
"PayPal has just launched an upgraded iPhone application that adds new features and includes a facelift that’s meant to help instill a greater sense of security. And it also brings with it big news for Bump Technologies, the startup that lets you exchange information simply by tapping smartphones together: Bump is now prominently featured in the PayPal iPhone application as a quick way to initiate transactions. "
Tuesday, March 16, 2010
Owe Someone Money? Just Bump Your Phones
"People have predicted the death of cash and checks for a long time. But there are certain transactions — like paying a friend back for dinner or buying vegetables at the farmers’ market — for which they remain essential.
PayPal’s new iPhone application could finally change that. It promises to let you quickly divide a restaurant bill and send a friend the portion you owe just by bumping your iPhones together.
The application is free to download from the App Store. Users log in with their PayPal credentials or with their cellphone number and a numeric PIN, and they can send or request money and manage their account on the phone.
To send money, users choose a recipient from their cellphone contacts or bump two phones together. For that, the app uses technology from Bump Technologies, which developed it to swap contact information between two phones. The money is transferred immediately." >> Continue Reading
PayPal’s new iPhone application could finally change that. It promises to let you quickly divide a restaurant bill and send a friend the portion you owe just by bumping your iPhones together.
The application is free to download from the App Store. Users log in with their PayPal credentials or with their cellphone number and a numeric PIN, and they can send or request money and manage their account on the phone.
To send money, users choose a recipient from their cellphone contacts or bump two phones together. For that, the app uses technology from Bump Technologies, which developed it to swap contact information between two phones. The money is transferred immediately." >> Continue Reading
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