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PayPal to Take Over Mobile and Social Apps
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PayPal has opened its global payments platform called PayPal X, providing new APIs, a new developer portal, and some introductory services pricing to help developers take advantage of PayPal X to build businesses.

"The whole world is going digital, and the future of how we communicate, how we get information, and even how we transact, is in the hands of developers," said PayPal President Scott Thompson. "The network is the platform on which the potential of digital money will be fully realized."

Amazon Offers Payment Services for Charity Donations
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Amazon announced today that its Amazon Payments is now being accepted by a number of charities. Organizations include:

Google Reduces Restictions on Google Checkout

Google has made a change to its content restrictions for Google Checkout. Google Checkout now allows the sale of real estate rentals, timeshares, and day sight-seeing tours.

Facebook Meets Google Checkout
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Back in May, it was reported that Facebook was going to begin testing a payments system. This inevitably led to discussion about how Facebook might be preparing to take on products like PayPal and Google Checkout.

eBay Terminates Checks and Money Orders
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Today eBay announced via FAQ that starting in late October, the only acceptable payment methods to use when purchasing items on the auction site will be:

Accepting Payments Online Without a Merchant Account

Do you really need a merchant account?