PayPal Official iPhone App 2.0 Adds Fund Withdraw, Reminders, Split Checks, And More [Update]

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PayPal’s iPhone app has been updated to version 2.0, with a bunch of new features and enhancements. The new ‘Bump’ feature is pretty cool, it lets you start the app by bumping your iPhone. Also it lets you transfer contacts between two iPhones when they touch each other.

The latest version has also added the ability to withdraw funds from your PayPal account. Other new features added in this update are splitting bills, tip calculation, collecting money for events and causes, setting reminders, and so on. All these are available to you from the ‘Tools’ tab. If you really like the app, you could even refer it to a friend by tapping ‘Recommend This App’ from the ‘Account’ tab.