The document discusses the growth of mobile commerce and payments. It notes that mobile phones are ubiquitous, with people using their phones on average 40 times per day and keeping them within 3 feet. This changing consumer behavior is creating challenges and opportunities for merchants. The document then summarizes PayPal's vision and leadership in mobile payments, with its mobile payments volume projected to reach $10 billion this year. It provides several examples of PayPal's mobile payment solutions and integration with companies in different countries. In closing, it notes that PayPal has over 7 million accounts and 65,000 merchants accepting PayPal across more than 20 Central and Eastern European countries.
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