PayPal allows users to make and receive online, mobile and store payments anytime, anywhere and in any way. The service offers users simpler ways to send money without sharing financial information and with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With 128 million active accounts in 193 markets and 25 currencies around the world, PayPal enables global commerce, processing more than 7.6 million payments every day and an expected $20 billion in mobile payments in 2013.
In May 2013, PayPal released the PayPal mobile SDK for Android in the USA, and is planning a wider release later in the year. The SDK is designed to provide a native Android experience that simplifies accepting credit card and PayPal payments in a developer’s mobile app. The library presents a simple user interface, features card.io (owned by PayPal) credit card scanning and uses a proof of payment system that eliminates Payment Card Industry (PCI) compliance worries.