Downloading Mac OS X Lion hasn’t exactly been the most joyful experience for some PayPal users. What was originally intended to be a $30 investment has turned into an investment worth thousands of dollars. Some PayPal users with connected iTunes accounts have been charged multiple times for Lion. At least one person has been charged in excess of $3,000.

On the same day that Google announced Google Wallet, news broke about PayPal suing Google over the components that it claims makes Google Wallet possible. PayPal has apparently been working on the lawsuit before it was announced yesterday, so it may not have anything to do with the timing of the Google Wallet announcement. Then again, it does result in widespread publicity across the internet.

Depositing checks is about to get easier for Android users. PayPal will be bringing its Mobile Check Capture feature to Android in an update today. This feature has been present in the iPhone PayPal app and it has proven to be quite popular. MobileCrunch reports that PayPal has seen about $1 million in checks deposited this way.

We’ve been covering a lot of news regarding NFC-based payments lately, but the service hasn’t really taken off yet in the United States. As the year goes on, we expect credit card companies and hardware manufacturers to create smartphones capable of using NFC technology. As we wait for these cashless transactions via mobile phones to take off, Discover has launched a new service with PayPal called Money Messenger that lets customers send money all over the world with a phone.

When the Nexus S launched, and even before, there was much talk about how NFC could one day replace your wallet, letting you use it to make payments. That isn’t exactly here yet, but Bling Nation is with an RFID sticker for phones. Bling Nation makes the Bling Tag, a small sticker that you stick more »

The cyberwar launched against several major websites by supporters of the embattled WikiLeaks continued through out Thursday, led by a group of hackers calling themselves Anonymous. The group distributed software and launched DDoS attacks aimed at disrupting sites that dropped the site as a customer, including Amazon, Paypal,Visa, Mastercard, and others. Amazon dropped the site more »

The much loved online transaction service Paypal has found a way to incorporate their services into both the Android and iPhone marketplaces. This will allow application purchases through Paypal accounts on both the Google marketplace, and the iPhone application store. The interesting part: Apple has already agreed to support the update. I personally love that more »

Paypal’s iPhone application is a very cool piece of software that allows users to “bump” their iPhones together and transfer money on the spot. If you have watched Hulu lately, you might have seen an advertisement for this cool new app. Paypal has now confirmed that both Blackberry and Android applications will allow users to more »

The Indian government has announced it will allow Indian businesses who use Paypal to sell their goods and services abroad to resume using the service, but the block on personal payments remains. The government refuses to lift it, accusing Paypal of being in violation of the country’s Payment and Settlement Systems Act, 2007. According to more »