by Matt Jones

Thanks for choosing PayPal Mobile. Now you can send and receive money with friends and family using your iPhone or iPod Touch and PayPal account. It’s fast, easy, and secure. Just pick an amount and a contact, and we’ll take care of the rest.

The app is great for checking your account on your phone while shopping. Need to know if you have enough money to buy something? Just log in to your account to see all your PayPal transactions and balances at once. Plus you can split a check, share a budget, and even bump phones together to share money.

Here are some key features:

• Send a payment to almost anyone with an email address or mobile phone number in 190 countries.

• Ask others with an email address or mobile phone number to send you money with PayPal.

• Transfer money fast from your PayPal balance to your bank account or credit card.

• Review recent activities in your PayPal account – including money requests sent from your mobile phone.

• Bump mobile phones together with other PayPal users to send or request money between you.

• Pay for those who agree to split the restaurant check, and send them requests to pay you back.

• Set one-time or recurring reminders to send money for rent, special event gifts, and more.

• Collect costs for your group’s dues, events, or gifts by asking others to send you money.

• Log in to the application fast when you set a 4-8 digit PIN with your mobile phone number.

• Use your mobile phone to create and share a budget with your parent or child.