Bump Pay | Ramblings of an e-trader

Wednesday 11 April 2012

Bump Pay

The mobile application, Bump, which allows to iPhone users to exchange contact information by just “bumping” their iPhones, has expanded. The new version, just released recently, is called "Bump Pay". This time, instead of exchanging contact information, it allows us to transfer a sum of money, whatever the amount, from a PayPal account to another.

By 'bumping' two phones together, we will be directed to a PayPal confirmation page. It does sound really simple but I am not sure if we should be weary of risks and/or glitches. What do you think?

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