Now Stop writing checks or messing with cash, and settle up with friends on the spot by simply bumping phones together. Bump, the popular sharing app for Android and iOS, has sprung a baby brother in the form of Bump Pay. With Bump Pay, instead of sharing photos and contacts, you can share money. The new Bump Pay app uses your PayPal account for easy money transfers.
After the you enter the value and the phones bumped, your money will transfer from your PayPal account to your friend’s PayPal account, or vice verse. Bump Pay isn’t the first app to do easy mobile payments. The PayPal iPhone app has the same feature powered by Bump.
Unlike the PayPal app, Bump Pay only has one function: to transfer money. It’s a much easier app to use for that purpose. It’s easy to just bump your phone to a friend’s phone without having to dig through menus, and you can always be sure you’re sending to the right person.
Note that Bump Pay is currently available only on iOS, and can be downloaded as a standalone app from iTunes. It is currently not a feature in the regular Bump app, but rather a Bump Labs project, which is aimed at testing exciting new features for Bump before they are incorporated into the actual app.
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