PayPal holds 81 million active accounts in 190 markets and 24 currencies around the world , says its new iPhone app has been downloaded a little more than 1 million times in just 3 weeks
If you want to send money securely, easily, and quickly? Just reach for your iPhone or iPod touch. With the PayPal app, you can conveniently: 
- Send money
- Withdraw Money
- Request Money
- Check your balance
- View past transactions
- Split checks
- Donate Money and more .
Paypal had also started a PayPal X Developer Challenge where iphone developers and android developers were encouraged to create the most innovative payment app for businesses in areas such as services, social media, gaming, mobile and consumer electronics, using the newly launched PayPal X APIs , where paypal offered first prize for the best android or say iphone developer of $ 50,000 cash + up to US$50,000 in waived transaction fees , and second prize of US$25,000 + up to US$25,000 in waived transaction fees.With the help of so many innovative developers paypal generating the best iphone apps , and people really loved it as the numbers show .
And all that comes for free , the App can be downloaded at the iTunes App store , currently available for iPhone , Android and Blackberry .
PayPal Mobile supports fifteen languages and also features a global currency calculator. It has been in the App Store, free of charge, since mid-2008 , so get hold of this free app for your online transactions .
