Paypal Mobile
Has Paypal finally figured it out?? They recently launched a new service called Paypal Mobile which allows you to easily exchange money using simple text (SMS) messages on your mobile phone.? All you have to do is create a text message to PAYPAL (729725) with the amount you want to send and the number where you want to send it.? The money is then instantly moved from your account to whoever you sent it to.
This certainly has the potential to revolutionize interpersonal, small-money transactions.? Hopefully retail stores will also get on the bandwagon and we can easily pay for that Happy Meal with a simple text message!