Facebook to test mobile payments service (Update)

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

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.

Rivals likely to reach for Google's 'Wallet'

With the announcement of "Google Wallet" the Internet giant became the first player to dash into a future where people use smartphones as credit cards, but rivals are expected to cut its lead short.

PayPal to expand in Asia after mobile app launch

PayPal Asia-Pacific chief Rupert Keeley said Friday the US company plans to expand in the region over the next 12 to 18 months, after it launched the region's first payments service for smartphones.

page 1 from 3