You must have heard of the online site called Paypal. Many people all over the world rely entirely on paypal for their day to day transactions. Definitely Paypal has made trading between borders easy and simple. Now you don’t have to wait for money or checks to reach you, but you can do it online instantly.
Paypal has also had its apps for those who want to send and receive money and even buy stuff online easily. On Tuesday Paypal bought about a new updated to its already existent apps for the iPod and the iPhone called Send Money. This version is called the Version 2.0 that allows its users to send money through a medium called Bump. The technique is really simple; transfer of money takes place after two iPhones are “bumped” together.
What most people would admire is the Split Check feature that is also available on the apps that allows users to split their dinner or outing bills between the others. That also includes tips, tax and it can also show how much they need to reimburse each other with.
Now the update is surely unique and you will surely love using the new features that this new version comes along with. With this new update you can collect money from people who owe you money. You can even collect money from those who have agreed to pool in for team dues, joint gifts and group buys.
This apps is currently available for free in at the Apps store.
http://www.apple.com/webapps/calculate/paypalfeecalculator.html