As we mentioned before, PayPal has created a mobile payment system allowing you to send and receive money via SMS.
https://gizmodo.com/paypal-plans-phone-payments-163482
The site is up now and you can activate your phone by clicking a button and entering your number. I’m trying to figure out some use cases, right now, and strangely enough I could see this as a boon for tourists: no cash, no hassle, just a quick SMS to a trusted U.S.-based source. But that’s just me. We’ll give it a go today and see what happens.
Mobile Page [PayPal]
