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• PayPal to enable purchases on mobile bills with Zong buy

  Charging goods, particularly of the digital variety, to a mobile-phone bill may get more commonplace in the U.S. now that eBay plans to buy Zong, a Silicon Valley company.

• Twitter account of PayPal UK hacked

  The Twitter account of PayPal U.K. was hacked late Tuesday and used to post messages attacking the online payment processing company.

• Fraud starts after Lulzsec group releases e-mail, passwords

  Debbie Crowell never ordered the iPhone, but thanks to a hacking group known as Lulzsec, she spent a good part of her Thursday morning trying to get US$712.00 in charges reversed after someone broke into her Amazon account and ordered it.

• Aussies urged to slash digital footprint, change passwords: PayPal

  A survey commissioned by online payments company, PayPal Australia, has revealed that some Australians don't know the number of websites holding their personal information and many are using the same passwords across multiple accounts, much to the alarm of security experts.

• PayPal, eBay sue Google over mobile payments secrets

  PayPal and parent eBay have filed a suit against Google and two former executives alleging that they have misappropriated their trade secrets in the area of mobile payments and point-of-sale strategies.

• Wells Fargo, Chase, Bank of America jointly launch PayPal rival

  Three top U.S. banks are collaborating on a service that will allow the transfer of funds by simply logging in to a personal online bank account and entering the name and mobile phone number of the person receiving the money.

• Google found guilty of patent infringement for using Linux

  A jury in the Eastern District of Texas told Google that it owes Bedrock Computer Technologies $5 million in damages for using versions of Linux that infringe on Bedrock's patents.

• New service puts Amex card on your iPhone or Android device

  American Express Monday unveiled a digital payment and commerce service that lets iPhone and Android devices be used for person-to-person online payments.

• Hackers learn new trick to duck Firefox, Chrome anti-phishing measures

  A new phishing scam that targets bank and PayPal passwords and other consumer data that criminals use to loot private accounts is designed to beat security built in to Firefox and Chrome Web browsers.

• Visa to offer person-to-person payments

  Visa announced on Wednesday it is planning a new service that will let U.S. customers send money directly to one another, presenting new competition to PayPal.

• PayPal developer challenge backs Android apps

  PayPal is backing Android as a mobile platform with the announcement that its latest developer challenge centres on Android mobile apps.

• PayPal CISO: DDoS one big security threat among many

  Stung by a high-profile denial-of-service attack in December, PayPal's CISO says application layer attacks remain a major threat to businesses in general, which need better defenses and actual testing of the DDoS tools they have.

• PayPal reinstates fund meant to help U.S. Army's Manning

  PayPal has lifted a temporary restriction placed on the account of Courage to Resist, a group raising funds to support the legal defense of U.S. Army Pfc. Bradley Manning, who was arrested for allegedly downloading classified information and providing it to the WikiLeaks whistle-blowing website.

• eBay and PayPal developer programs to merge

  The eBay and PayPal developer programs will be merged in order to establish a common platform that will allow external programmers to create applications with both e-commerce and payment capabilities for a broad variety of devices.

• Apple could disrupt mobile payment industry, analysts say

  Apple could cause some serious disruption in the mobile payments space if it enters the field as reported, say analysts.