This is immense news and yet another competitive advantage of Android over the iPhone
http://www.thestreet.com/story/10880...roid-deal.html
Quote:
One key element to the PayPal approach: It converts the price to whatever local currency the buyer uses.
The deal with Google is also huge for PayPal. Eager to get better footing in mobile payments, the placement on Google's Android Market puts PayPal onboard one of the world's fastest growing mobile systems. PayPal has an iPhone app for Apple, but as far as iTunes, PayPal is listed a payment option but it requires a PayPal credit card.
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Definitely a key step in Paypal's recent moves to
MICROPAYMENTS