Mobile ATM – An Idea for Paypal X Developer Challenge

Published on July 26, 2010

I was out jogging the other day.

At the end of my run, I wanted to buy a drink, but I soon realized that I have forgotten to bring along cash with me! I have my iPhone with me, but can it pay for my drinks?

I started to think of solutions..

Thinking: If everyone is a mobile ATM, and I could use my phone to transfer money electronically to these mobile ATM, it will be great! As long as they could “dispense” the money, I would not mind paying a commission fee for the service.

Not bad an idea.. Hence I am submitting it for Paypal X Developer Challenge.