Before today the PayPal iPhone app was a complete yawn-fest not really worthy of a place on your springboard unless you were the kind of person who absolutely needed to send money while on-the-go because that’s basically all it could do, that and view your current balance and history. The recently released v2.0 however, gives the app some actually worthwhile features while also sprucing it up with a brand new interface.
PayPal iPhone app users will no doubt welcome the new look and feel in v2.0, sporting a more colorful and rich interface, but really it’s all about the features. The app now sports the somewhat gimmicky, although fun, Bump feature, allowing you to bump two devices together to quickly and easily transfer money.
PayPal v2.0 allows you to do a lot more with your money as well, giving you the ability to withdraw funds from your PayPal balance into your bank account, collect money from a group, event, gift, or cause, and request money.
Other neat features include the ability to instantly split a bill at a restaurant, calculate a tip, and request everyone’s share, and the ability to set reminders so you never miss paying a bill.
PayPal v2.0 is now available in the App Store for free.