Soon perhaps we will all be like the Queen and never need to carry around money. Well, unfortunately not many of us will have her sort of budget or infact the same reasons for not carrying money but at least the sentiment is there. PayPal have unveiled their first NFC (near-field communication) solution for Android devices. At the MobileBeat 2011 conference in San Francisco, Laura Chambers the Senior Director of Paypal Mobile, showed off how PayPal’s new NFC Android widget will work to transfer money just by tapping two phones together.
Watch the video below to see just how cool this is.