The Paytoo mobile wallet also allows mobile phone users living in the US and Mexico to make international calls, top-up their pre-paid mobile phone and pay bills from their mobile devices. The Paytoo mobile wallet also offers users a Paytoo prepaid bank debit card which can be used at stores or on the internet and to get cash throughout a network of ATMs.

In other recent announcements, PayToo and Electronic Verification Systems (EVS), a provider of fraud prevention services, have entered into an agreement to provide mobile payment and banking services, as well as fraud security.

In other recent news:

PayToo Introduces the Faster Way to Pay Bills Right At Your …
PayToo Introduces the Faster Way to Pay Bills Right At Your Fingertips. PayToo is once again ahead of the Wallet War Race introducing Bill Payment services from its mobile wallet platform before rest of players in the market.
http://news.prlog.org/us/florida/

PayToo Introduces the Faster Way to Pay Bills Right At Your Fingertips
PayToo Bill Payments enables consumers to pay to hundreds of US billers right from their Mobile Wallet Platform. Now users can pay utility bills, mortgage or car payments, credit cards and cable bills, and more, right from their PayToo account even if …
www.prnewswire.com

Iron Pearl co-founder Stan Chudnovsky will be taking on the title of vice president of growth at PayPal, heading a new team charged with increasing the use PayPal’s services by existing customers.

San Jose based EBay, is expecting predicting PayPal’s volume to double over the next 36 months thanks in large part to increased shopping on mobile devices.

“There are only a very few people who have actually mastered the art of growth,” Marcus said in an interview, referring to Chudnovsky’s background in helping companies cultivate active users. “Stan is definitely one of those.”

Chudnovsky’s previous projects include: Goodreads, the reading social network that Amazon.com has agreed to purchase, and viral-marketing website Tickle,with Iron Pearl co-founder James Currier. The pair sold Tickle to Monster Worldwide in 2004 in a deal valued at around $100 million.

PayPal acquisition brings ”growth hackers” into the fold
This niche in the technology world is often called growth hacking, and PayPal’s Marcus said on Thursday that Chudnovsky and Currier are among the leading growth hackers. Other top growth hackers include Chamath Palihapitiya, who helped drive …
news.yahoo.com

Ebay’s PayPal unit expects great things with Iron Pearl purchase
EBay, based in San Jose, Calif., is expecting payment volume at PayPal to double in the next three years as people increasingly shop and pay for goods on mobile devices. PayPal has introduced new tools and software in the past 18 months, including a …
www.kentucky.com

Under the microscope: The bug that caught PayPal with its pants down

The Vulnerability Laboratory research team received a $3,000 reward after discovering a remote SQL injection web vulnerability in the official PayPal GP+ Web Application Service. The critical flaw, which could have been remotely exploitable, allowed …
www.theregister.co.uk

From it’s mysterious roots to the roller coaster valuation, Bitcoin has definitely lead an interesting life. Now, with the recent FINCEN advisory, opinions on it’s future are widely varied and hotly contested: Will Bitcoin go ‘legit’ or will it be gone from the payments landscape by 2014?

Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.

Read more about Bitcoin in recent news

Embry’s career in the payments industry spans more than 40 years. She has held executive product, marketing and operations positions with major industry players such as Citizens Fidelity Bank (now PNC Bank) and Vital Processing Services (now TSYS Acquiring Solutions).

Since 2005, Embry has led the development, roll-out and enhancement of the entire suite of PAI products and services, and is a mentor to her staff and peers. In October of last year, Embry was elected president of the Midwest Acquirers Association (MWAA) and continues to foster changes throughout the entire industry as she serves in the top leadership role for the regional association.

“Donna is truly one-of-a-kind,” states John J. Leehy, III, president and chief executive officer for PAI. “Throughout her brilliant career she has demonstrated an instinctive gift for spotting trends and recognizing subtle shifts in the payments landscape. There’s no one who loves this business more than Donna,” adds Leehy. “Everyone in the company is proud and excited for her to receive this well-deserved recognition.”

Embry has a unique pulse on the industry and has predicted numerous changes that have come to fruition. As a result, she is frequently asked to speak at industry conferences and be interviewed by a variety of industry publications. Embry authored the first Electronic Transactions Association (ETA) publication, “The Encyclopedia of Terminology for the Acquiring Industry,” as well as developed and taught the inaugural introductory series of classes for ETA University.

“I am truly honored to be recognized as one of the Most Influential Women in Payments,” states Embry. “Receiving this award is the most gratifying and humbling experience in all my years in the business. I respect each and every one of the women selected and feel privileged to be standing alongside such a brilliant group of female payments professionals,” adds Embry.

The 20 women were acknowledged yesterday during SourceMedia’s 25th Annual Card Forum & Expo at the Boca Raton Resort & Club in Florida. The honorees represent a wide range of payments constituencies and are leaders whose vision and dedication truly are driving change. Embry participated in a panel discussion during the luncheon recounting tales of unpredictable career paths, transitions, diversification and decisions made along the way that have made these women the leaders they are today.

About Payment Alliance International (PAI)
Payment Alliance International is a leading provider of payment processing solutions for businesses nationwide. As the nation’s largest deployer of ATMs, PAI provides ATM processing and maintenance services, ATM equipment sales and support, and ATM branding programs. PAI also offers comprehensive payment and small business solutions including credit, debit and prepaid card acceptance services, remote deposit capture and check processing, ecommerce solutions, ATM/email/mobile marketing, and loyalty programs…all designed to maximize customer success and make business easy. Payment Alliance International is based in Louisville, Ky., with offices in West Palm Beach, Fla., Jackson, Miss. and Billings, Mont. For more information, please visit www.GoPAI.com or follow us on Facebook and Twitter.

Germany-based start-up 9flats is now accepting Bitcoin payments for instant bookings, which account for 50 percent of 9flats bookings. Bitcoin prices on 9flats are calculated and converted in EUR via third-party provider BitPay.com, Bitcoin has been on a roller coast valuation of late, with the current market price of around USD 35 per Bitcoin. Recent cyberattacks on Mt. Gox, the largest of the Bitcoin Exchanges saw the price drop overnight from $147 to around $115.

More recent Bitcoin News:

Mt. Gox, a Bitcoin exchange, said it had been hit with a massive cyberattack. On Wednesday, Bitcoins rose to $147, before pulling back overnight to around $115 as word of the cyberattacks spread. Mt. Gox said the attacks may be an effort to prompt “panic selling”, with the hackers hoping to buy up cheap Bitcoins following the … money.cnn.com

Why VCs Love The Bitcoin Market | TechCrunch Editor’s note: Jeremy Liew is a managing director at Lightspeed Venture Partners. As a VC, my interest in the Bitcoin ecosystem is not ideological but.. http://techcrunch.com/

Another Bitcoin Wallet Service, Instawallet, Suffers Attack, Shuts … Bitcoin’s wild surge in value has made it even more of an attractive target for hackers. Another wallet service called Instawallet said it is suspending itself indefinitely until it changes its security architecture. The crypto-currency … http://techcrunch.com/

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Commenting on the value of EESPA’s agreement, Gary Benson, VP Corporate Development, said, “As a neutral and comprehensive starting point, the Model Interoperability Agreement makes the contracting process quick and straightforward. In particular, it supports a number of legal frameworks, which are critical to processing fully compliant electronic invoices for our customers.”

Frank Hoekstra, CEO of Anachron, adds: “The Model Interoperability Agreement contributes heavily to the general acceptance of international e-Invoicing among the users, our clients. Providing multiple delivery channels and improving roaming options are key to the development of the global e-Invoicing market and are finally enabled by the standardised contract.”

The agreement between OB10 and Anachron will facilitate the exchange of e-Invoices through both networks.

http://news.google.com

TechCrunchPayPal Here Takes On Square Register With New iPad Payments AppTechCrunchAfter debuting its in-store mobile payments technology PayPal Here in the U.K. two weeks ago, the payments giant is announcing another set of news around the product: …

Ahead Of U.S. Rival PayPal Here, Intuit Pay Rolls Out Its Mobile Commerce … – TechCrunch

http://news.google.com

Ahead Of U.S. Rival PayPal Here, Intuit Pay Rolls Out Its Mobile Commerce …TechCrunchThe mobile payment market in Europe continues to get more crowded, with the latest wave of entrants coming from across the pond to join a number of homegrown start …

PayPal buys mobile app developer Duff Research – Reuters

http://news.google.com

TechCrunchPayPal buys mobile app developer Duff ResearchReutersSAN FRANCISCO (Reuters) – PayPal said on Wednesday that it acquired mobile app developer Duff Research, part of an effort by the online payment giant to become more nimble and technology …

Card members simply complete a one-time registration process that will link their card to an unique user ID that the member creates. This user ID is then used  with a one-time password  to complete a transaction online. The user ID can be set for different AmEx products or one can have multiple user IDs for different products.The user ID can be used at all merchants on the network

Both services are available for just 2.9% + .30¢ per transaction. The app was developed to target the needs of the 14.2 small business service providers in the U.S. businesses. A $1.1 trillion market includes independent contractors, designers, accountants, marketing professionals, and even dog walkers, babysitters and masseuses, and that’s just the tip of the iceberg.

“We felt that the needs of small business service providers weren’t being met by existing mobile payment apps,“ said CEO Bill Clerico. “Our solution offers these businesses everything they need to get paid. Now whether they’re on the road or in the office they have access to everything people love about WePay – professional invoices, credit card processing, and unparalleled customer support – all without requiring any extra hardware or a dongle.”

Related WePay News…..

WePay Debuts iOS App To Allow Users To Accept Credit Cards And Send …
Online payments startup WePay is expanding into new territory today with the launch of a new native app for iOS that allows small businesses to invoicing and charge credit cards on the go. The Y Combinator-backed startup originally formed to make it …
techcrunch.com

Intuit Executive Tina Hsiao Joins WePay as Vice President of Marketing
About WePay WePay is the surprisingly simple way for small businesses to get paid online. WePay was founded in 2008 and is headquartered in Palo Alto, CA. For more information visit https://www.wepay.com or follow us on Twitter or Facebook.
www.marketwire.com

The company currently specializes in ‘real time’ bank payments, a unique service that lets customers in 30 countries pay for their web purchases using their own online bank services. The service is much safer for the customer than traditional credit card or echeck services because the customer never enters any sensitive financial information on the merchant’s website. Conversely, the service is also safer for the merchant because the funds are debited from the shopper’s account in real time allowing the merchant to safely give the customer access to their purchase.

UseMyServices’s new payment products include a new ‘cash pay’ service, that will allow online shoppers to pay for their ecommerce purchases offline at more than 20,000 locations across Canada and the US. This new option lets consumers that either do not have a credit card or bank account, or who simply do not want to use them, to still enjoy the convenience and variety of shopping online.

The new cash pay option will be available before the end of the year. Merchant applications for the new services are being accepted at this time.

By mid Q1, 2013, the company will also be expanding it’s US bank network to give full coverage across the US for online bank payments, with access to not the only the top bank brands across the US, but also to many large regional banks.

Joseph Iuso, CEO of UseMyServices,  states that “Cash payments are increasingly becoming the norm and we are excited to be able to offer such a unique option for consumers and merchants to transact.”

By the end of Q1, 2013, another 10,000 to 15,000 locations will be available for cash
payment locations in the US, with planned expansion in Q2 to Mexico, Australia and the UK.

According to Melody Wigdahl, who heads the company’s merchant services division, “These new products are the result of feedback from both customers and merchants – customers want options today. You can’t run a successful ecommerce site and just accept credit cards – those days are long gone.”

About UseMyServices:
Launched in 2002, UseMyServices today offers real time bank payments to online shoppers in 30 countries, with thousands of websites around the world accepting UseMyServices payments. It’s a safe and convenient payment solution for both the shopper and the merchant.

Available to more than 80% of the online banking customers in 29 countries, UseMyServices welcomes queries from PSPS, ISOs and Resellers.For more information and to apply for the Partner program, please visit us at https://www.usemyservices.com/merchant-information-request/
or contact Melody Wigdahl directly at melody [@] usemyservices.com for more information.

The complete list of all 29 countries can be seen at https://www.usemyservices.com/current-country-banks/