Paypal allows transactions between NFC devices

 

NFC is more present in the handsets market, more and more devices and applications appear to support it. Therefore, one of the greats in virtual transaction company Paypal  just announced a payment platform via the mobile phone using NFC technology .

This new service offered by PayPal to perform transactions via an Android application , currently the only operating system supportable, thanks to implementation in the system and being the first Google Nexus S NFC phone. It may seem that this service Google Wallet is a reaction.

application is based on a Widget , from which to choose the amount, then only need to touch the phone , and enter the pin confirmation. Once the process will receive an email with the outcome of the transaction.

seems largely to Google Wallet, and it may be a reaction to his departure. It is expected that this service Paypal is available in late summer and will be solely for the Nexus S, at least for now. Is this the beginning of the end credit cards?


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