PayPal letting Google phones swap cash

Online financial transactions giant PayPal on Wednesday showed off a mini-program that lets people exchange money by touching together a pair of Google smartphones.

People buy more junk food when using plastic

(PhysOrg.com) -- One way to resist buying junk food is to pay for groceries with cash instead of credit cards, according to a new study led by Manoj Thomas, assistant professor of marketing in the Samuel Curtis Johnson Graduate ...

Visa again blocks funds for WikiLeaks

(AP) -- Visa said Friday it has closed a donation channel to WikiLeaks after a payment processor briefly accepted money transfers to the anti-secrecy site.

NEC launches portable terminal for electronic money payment

NEC Corporation announced today the launch of a new portable terminal for electronic money payment, the "Multi-Service Terminal / Portable," which enables retailers to conveniently expand the availability of electronic money ...

WikiLeaks' payment processor to sue card companies

(AP) -- WikiLeaks' payment processor said Thursday that it was preparing to sue credit card companies Visa and MasterCard over their refusal to process donations to the secret-spilling website.

Electronic payments crowd out checks in US: Fed

Electronic payments have surged in the United States to more than 75 percent of all noncash payments as check usage continues to fall by the wayside, a Federal Reserve report showed Wednesday.

Google working on phone with built-in payment tool

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually enable the devices to replace credit cards.

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