The future of bumping

I use the Bump app on my iPhone to easily exchange information with other iPhone users. But now the bumping method is jumping to a whole new level. A new PayPal app allows you to divide up bills, such as a restaurant check, by tapping phones together. Although the service has yet to catch on nationwide, industry experts say PayPal's timing might be perfect.

Although this sounds intriguing, I must admit that my Bump app is often faulty and it inevitably takes more time (and several tries) to successfully bump my information to another user. But PayPal may be on to something here. No cash, no calculating the tabs... my interest is peaked.

Read the full story from The New York Times here.