Obopay Inc. today launched an application for Apple Inc.'s iPhone that enables consumers to initiate person-to-person payments, according to the Redwood, Calif.-based mobile-payment provider.

Users can send funds to other consumers with U.S. phone numbers using the application, known as Obopay Mobile Payments. Users also can view transaction histories, request funds from contacts and deposit funds they receive into their bank accounts automatically, according to Obopay.

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