Have you ever been at a restaurant and it’s time for the check but one person has cash the other a credit card and somebody else has like a like three garbage bags in pennies? Ok maybe not the last one but, PayPal has developed an app for your iPhone to make reimbursement a lot easier and instantaneous.

PayPal has teamed up with Bump Technologies to develop an app called “Send Money”. The app will allow users to transfer money safely and securely with a simple tap of their iPhones. PayPal has been on the scene for a sometime now, while Bump is less than a year old. The Bump app allows people to transfer contact information wirelessly with the ‘bump’ of two phones.

So now when the check comes at dinner, the “Split Check” feature allows users to divide the check and quickly reimburse each other by bumping iPhones. Or if you owe someone else money it is now simpler than ever to now have them be reimbursed. No more excuses for somebody not to give you that money they owe you. [scitech.blogs.cnn]