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PayPal has released a new redesigned app for iOS and Android

PayPal presented the global update of its mobile app. New redesigned the app easier to use, faster to manage account and to transfer funds, while still ensuring a high level of security.

Among the features implemented in the new application, developers allocate a new start screen that facilitates the management of financial operations, and tabs for the transfer of funds and billing. The app provides quick access to important account settings and often used functions, and allows you to quickly withdraw your money from PayPal account to Bank account. With the help of a program to invoice and send funds, including friends and family members.

Function of electronic funds transfer between accounts allows you to instantly send money to other PayPal users in more than 100 countries. According to the developers, for the past 2 years the number of peer-to-peer (P2P) transactions – transfer money between individuals, carried out via PayPal, increased by more than 100%. Given the popularity of this service, the company has added a custom section, which presents users with whom most transactions are carried out and also implemented the ability to add contacts directly from your address book.

The updated app boasts a new center activity that allows you to track all of your account transactions and facilitate control over the account. Centre activity provides for the logging of account transactions for the last three years, providing important information about the account, e.g., the source of payment for each transaction and new transaction page, which allows immediately to carry out certain actions, for example, to send the requested amount or to contact the seller about your purchase.

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Users, which among other things, sellers on eBay, when you view details about a particular transaction on eBay, will be able to see the shipping address, to easily ascertain that the product has been shipped.

“PayPal will continue to work actively in the field of mobile payments, says the head of PayPal in Russia Vladimir Malyugin, because today one out of every four PayPal transaction performed using mobile devices, and, according to a study by Forrester Research, in 2016 the share of mobile Commerce will account for over one third of all online transactions”.

Download the latest version of the PayPal app in the App Store and Google Play.

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