4 pin Bluetooth RF Transceiver Module

Hi all. I'll buy this module for control Arduino using the Android Phone: http://www.ebay.com/itm/Mini-3-3V-DC-Wireless-Bluetooth-RF-Transceiver-Module-4pin-RS232-TTL-For-Arduino-/261024357609?pt=LH_DefaultDomain_0&hash=item3cc6439ce9 I've one questions. Will it work? I read, that Arduino digital I/O pins operating on 5V voltage, but this module operating on 3.3V. Will I need a logic level converter?
Here is similar module: Moduł Bluetooth UART RS232 Arduino TTL - 2368811280 - oficjalne archiwum Allegro and the seller wrote, that it works on 5V too. Is it true?

Sorry for bad english.

Arduino 5V inputs trigger at 3.0V. You can use 3.3V outputs to 5V inputs. If the 3.3V input of the device is not 5V-tolerant then you can use a voltage divider (two resistors) to bring the 5V output down to a value that the 3.3V inputs can handle. I have found that 2.5V (two equal resistors of 1K to 10K) to divide the voltage in half seems to work for 3.3V inputs.

Thank you!