PayPal Mobile

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PayPal Mobile is a product that allows you to send PayPal payments using your mobile. You can send payments by either texting the dollar amount and recipient’s phone number to PayPal or by using PayPal’s mobile browser.

There are no additional fees for using PayPal Mobile outside of the normal money receiving fees that apply to Business and Premium accounts. Also, your mobile carrier’s text message charges will apply.

It’s a great answer to when you and all your friends showing up to a restaurant wielding only credit cards, no cash. MobileCrunch had the launch scoop here.

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