PayPal Introduces NFC to Make Peer-to-Peer Payments on Android


Today at MobileBeat 2011, Paypal announced peer2peer payments through NFC technology on Android devices. This is the new way for people to shop and pay – anytime, anywhere and on any device with “Near Field Communication” technology.

Down below you have a video demonstrating how easy it is to transfer money from one device to another with Paypal and NFC.