Posted by Oliver | Discussion: 14 comments
According the the Internet Payment Giant’s website, it is now possible to send and recieve money via mobile phones as well as make purchases directly from a mobile phone. According to their published materials:
Send money to friends and family
Send money securely, anytime, from wherever you are. You don’t need cash or a check – just your phone.
After you activate your phone, you can send money one of two ways:
* Text to 729725 (PAYPAL) with the amount and recipient’s phone number.
Example: send 5 to 4150001234
* Call 1-800-4PAYPAL (1-800-472-9725) and follow the instructions.
Since a picture is worth more than a thousand words, here’s a screen cap from their website. I’ll be revisiting this later today with more details.