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Not sure if posted yet :p, All credit to
W E L F A R E (At Se7ensins)
Points → PayPal:
Step 1: Download AppRedeem from Here of just type in "AppRedeem" in the Market Search
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Step 2: Install the app and open it up. You're going to need to sign up.
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Step 3: Sign up using the email that you have linked to your PayPal account.
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Step 4: Once signed in, go to the Apps tab.
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Step 5: Click and complete the FREE app offers.
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Step 6: Install the app, then go back to AppRedeem. It should refresh with your new points.
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Step 7: Once you have at least 50 points, you can redeem them with a PayPal payout. 50 points = $0.50
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Step 8: Profit. Wait for the payment to be verified.
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I'm currently trying this, I right now have 33 Points, just need a few more then I will see if it actually works :p