Paypal just emailed me about a new wallet app available on the App Store. From the description it sounds very similar to a bitcoin wallet. Seems like they are trying to create their own bitcoin functionality. This is the description:

The all-new PayPal app is here. Designed to change the way you shop, you can now pay in-store, pay at the table for meals and transfer money to friends on your smartphone.

It's packed full of great features, so you'll find life is easier - and you'll be confident your transactions are secure. Download the app today to discover the benefits, and keep an eye out for exclusive offers at stores near you.
   
You have three ways to pay with our new app:

   
1.       Paying at the table whenever you're ready

2.      Ordering ahead so you don't have to wait in line

3.      Checking-in and paying at stores helps keep
your financial info secure