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With Bump Pay, sending money is easier than ever

Owe your friend $20? There's no need to go to an ATM. Just bump him the money.

Starting today, sending money can be easier than ever with the launch of Bump Pay, a new iPhone app from the makers of the popular contact and photo sharing service Bump.

If you've used Bump, you already know how to send money with the new app: you simply tap your iPhone against your friend's, and the cash gets sent (see video below).

For Bump Pay to work, both you and your friend need to have the app and a PayPal … Read more