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Latest New Mobile Payment Service Stories

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2011-05-28 06:30:00

Google Inc.'s plan to displace credit cards with a smartphone-based payment system has led to legal challenges with online payment service provider PayPal, which claims Google stole its ideas by hiring away two key executives. Paypal, owned by eBay, filed the suit just hours after Mountain View, CA-based Google unveiled its new "Google Wallet" payment service in New York. The lawsuit described a story of betrayal and espionage, alleging that Google tapped into Paypal's expertise for its new...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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