eBay’s PayPal said today its PayPal Mobile iPhone app has been downloaded one million times in less than three weeks.

With the new PayPal Mobile iPhone app, users can split restaurant checks, collect money for events, set reminders for recurring payments, donate to causes and manage their PayPal accounts.

For International transactions, PayPal Mobile is available in fifteen languages and features a global currency calculator. The app first launched in Apple’s App Store on March 15.

"With PayPal Mobile on the iPhone, trips to the ATM are a thing of the past," said Osama Bedier, PayPal’s vice president of platform and emerging technology.

"One million downloads shows just how ready people are to live a cashless and card-free culture with their wallet living safely in the cloud."