Feeds

Paypal emits cash swap tap app for Android

Bung a mate a tenner wirelessly

New hybrid storage solutions

PayPal has updated its Android client to allow person-to-person transactions by tapping phones together, but without the complexity everyone else is using.

Finally you can borrow an electronic tenner at the bar, just by tapping phones together. Assuming you both use PayPal, and have NFC-capable Android, handsets, and have the latest PayPal app installed – and that the pub has decent network connectivity too.

PalPay's system only uses Near Field Communications (NFC) to identify the payer and payee; all the security and account information is held in the cloud. So both parties will need to be online for the transaction to work. But if they are – and both have Android handsets with NFC support – then one user just requests the cash and the pair tap phones, the other user authorises the payment and ... Bob's your uncle.

PayPal is still pretty lukewarm about NFC, as it (quite rightly) fears being locked out of the secure element which underlies all the other NFC-based payment systems. The secure element allows offline transactions – and fast transactions too – but it is becoming clear that it will remain under the control of the existing players (Visa, MasterCard, etc), which doesn't fit with PayPal's "disruptive" agenda.

So NFC is restricted to exchanging account details, but you can use it to move money between PayPal accounts. Now all you need to do is find a bar which will let you use that borrowed tenner to buy a pint or two – good luck with that. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
Shades of Mannesmann: Vodafone should buy T-Mobile US
Biting the bullet would let Blighty-based biz flip the bird at AT&T
Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names
Handbags at dawn over free content ad network's ID policy
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.