PayPal Send Money 2.0 app for iPhone makes cashless transactions easy

If you have a PayPal account and an iPhone, chances are you’ll never again be caught short of money when you’re out and about. PayPal has released version 2.0 of its Send Money application for iPhone, which means account-holders now have even fewer reasons to carry cold, hard cash around with them. Three nifty features in the free app are Bump, where iPhone users physically bump phones to “magically” transfer money from one account to the next, a Split Check calculator and the Collect Money function, which politely prompts debtors to pay up.

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