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Google details m-payment launch; PayPal takes legal action

Google confirmed its long-anticipated plan to launch a contactless m-payment service, stating that it is “field testing Google Wallet now and plans to release it soon.” The launch comes as it was reported that Google is facing legal action from PayPal, with claims that it misappropriated trade secrets related to mobile payments.

PayPal updates iPhone app to address security glitch

The Wall Street Journal reports that PayPal has “rushed out an update to correct a security flaw in its iPhone application that could allow hackers to intercept users’ passwords, which is reported to stem from a failure to verify the digital certificate for the PayPal website before transmitting data over the internet.

PayPal makes mobile push

PayPal has confirmed its ambition for a leading role in the mobile market with a number of announcements at its second annual developer conference

Verizon reiterates support for developers after bumpy start

Verizon Wireless used its Verizon Developer Community Conference this week to restate its support for the app developer community, having been criticised by some observers for suffering from a telcoesque slowness in progress.

Report: PayPal and Google in Android talks

PayPal is reported to be in talks with Google to embed its payments platform in the Android operating system. Bloomberg first broke the news late Friday, although neither party has commented on the unconfirmed talks. It is believed that users of Android phones such as Motorola’s Droid X and HTC’s Droid Incredible may be able to pay for apps with PayPal as soon as this year.

MMS 2010: Globes GCASH and PayPal partner on mobile remittances

GCASH, the micro-payment service from Filipino operator Globe, has partnered with online payments network PayPal to provide an SMS-based international remittance service.