PayPal unveils new Send Money App for iPhone

Mar 18, 2010

PayPal has launched a new Send Money application for Apple iPhone. The Version 2.0 of the Send Money application will help iPhone users send money securely and easily. With this free app, users can send money, check balance, view past transactions and manage their PayPal accounts- right from their iPhones. New features include Bump money transfers, Split Check and Collect Money.

PayPal iPhone App

With “bump” feature PayPal users can put two iPhones together to quickly transfer funds between their PayPal accounts. The Split Check feature will help users conveniently divide and quickly reimburse each other for the cost of a meal, including tip and tax, for up to 20 people. The Collect Money allows users to request money from multiple people for joint gifts, team dues, concert tickets, flowers delivered, etc. Users can also set reminders for recurring payments.

To prevent unauthorized use, the PayPal Send Money app requires a PIN or password for every transaction. So, you don’t have to worry even when you lose your iPhone. The PayPal Send Money app is available to download for free at the Apple iTunes store online or the Apple App Store from any iPhone or iPod Touch. Get it today.

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