Paypal unveils new app that lets you pay in shops direct from any smartphone… without queuing at the till

http://www.dailymail.co.uk/sciencetech/article-2152118/Paypal-unveils-new-app-lets-pay-shops-direct-smartphone–queuing-till.html App generates barcode which is scanned by shop No financial information stored in phone Protected by PIN number ‘You won’t need a wallet by 2016′ says PayPal By Larisa Brown PUBLISHED: 07:21 EST, 30 May 2012 | UPDATED: 20:11 EST, 30 May 2012 All that fun buying a new frock can often be ruined […]

Google Wallet Now Just as Unsafe as a Regular Wallet

http://www.theatlanticwire.com/technology/2012/02/google-wallet-now-just-unsafe-regular-waller/48566/ Reuters Rebecca Greenfield  4:15 PM ET After a week of hacks, Google’s mobile payment system has lost more of its credibility as a safe payment option, making it just as vulnerable to money-theft as a regular-old billfold. When Google first announced Wallet, it emphasized all the security features, ensuring multiple layers of safety with its hyper-encrypted […]