@fszcze Very true, but much like NFC technology found with Google Wallet, it seems PayPal is attempting to skip the need for a device or card all together.
The pilot program by PayPal and Home Depot utilizes phone numbers as payment credentials. It is among many other payments technologies that the company is supposedly testing - guess they are seeing which one is best.
Billpay services via Billeo. Lack of billpay was a major negative for Mango on recent prepaid card reviews/comparisons. Not sure why the company is being so quiet about it...no mention on it's website.
I am working on a project that keeps track of current state legislative and ballot initiatives to cap interest rates charged by payday loan companies. Consumer protection groups call such loans "predatory" due to their triple digit APRs which are blamed for the debt problems many people experience when they can't meet the loan payments.