PayPal has quietly released a mobile application for Nokia devices on the Finnish mobile phone maker's Ovi Store marketplace. The app is free, but apparently lacks support for displaying in landscape mode and consumes an excessive amount of RAM according to some early users.
According to the blog posts, the app functions much like its iPhone, Android and BlackBerry siblings: you can use it to send money, manage your account, split a check and transfer money to your bank account.
It's important news for an obvious reason: Nokia remains the world's largest manufacturer of mobile phones with a global device market share of 31% in the fourth quarter of 2010.
PayPal, meanwhile, says it supports more than 94 million active accounts in 190 markets and 24 currencies around the world.