By Greg Mills
My Bump and pay by phone article that run on Monday had some factual errors that I must correct. I got an email from a nice Lady from Bump Technologies with interesting insight into the "Bump" App I briefly described (http://itunes.apple.com/app/bump/id305479724?mt=8) , as well as interesting information she had regarding pay by smart phone that I must pass this on to you, my readers.
My assumption that the contact information traded between iPhones is done locally turns out to be wrong. It happens in the cloud! My assumption was that iPhones or Androids used Bluetooth to trade contacts. Here is the information Sadie Bascom sent me:
I did however want to offer a correction in a couple of places regarding the Bump app. Firstly, regarding this quote "Then comes Apple with a new Bump to Pay concept." PayPal is responsible for...| Read more »