PayPal's launched a new mobile payment service aimed at smaller vendors that allows customers to make several different types of payment using their mobile phone.
Slated as the "next big thing," mobile payments are hot on the radar for carriers, credit card operators, and even daily deal sites.
So-called 'swipe and pay' systems like Isis and Google Wallet won't take off in the US for years, Gartner Group analysts believe.
Isis - the mobile payments joint venture from AT&T, Verizon and T-Mobile - has signed up four credit card companies, potentially pushing it ahead in the race with Google Wallet.
A recent MasterCard survey indicates the majority of smartphone users between the ages of 18-34 are ready to embrace NFC or mobile payments.
Square has announced a strategic investment from Visa, which industry sources say is in the "single-digit millions."
IBM has introduced a "serious game" designed to help companies solve their "real-world" business, environmental and logistical problems.