The PayPal iPhone application owned by eBay Inc. (NASDAQ:EBAY) has hit about 1 million downloads in under 3 weeks. PayPal has about 81 active accounts across 190 markets and supports about 24 currencies.
Using the PayPal iPhone application, users can split restaurant checks and collect money for events. With the application, you can also set reminders for recurring payments and donate to causes using the app.
PayPal Mobile supports about 15 languages and also has a global currency calculator. PayPal Mobile has been available free of charge since mid-2008. PayPal also has apps on Android and BlackBerry devices. [TechCrunch]