According to Wikipedia, As of 2011 PayPal operates in 190 markets and manages more than 232 million accounts, more than 100 million of them active. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide. These currencies are the Australian dollar, Brazilian real, Canadian dollar, Chinese renminbi yuan (only available for some Chinese accounts, see below), euro, pound sterling, Japanese yen, Czech koruna, Danish krone, Hong Kong dollar, Hungarian forint, Israeli new sheqel, Malaysian ringgit, Mexican peso, New Zealand dollar, Norwegian krone, Philippine peso, Polish zloty, Singapore dollar, Swedish krona, Swiss franc, New Taiwan dollar, Thai baht and U.S. dollar. PayPal operates locally in 21 countries.
PayPal just recently announced a mobile payment deal with 15 major retailers that will allow customers to make point-of-sale transactions and in store mobile payments with their smartphones. These include, Abercrombie & Fitch, Advance Auto Parts, Aeropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JC Penney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys“R”Us.
Legal Bistro intends to use PayPal for the following purposes:
- Lawyers can use their credentials in PayPal to claim their profile and validate their identity on Legal Bistro
- As a payment method on the site