Mobile payment services are the next big thing for smartphone owners, with some analysts predicting that smartphone-based payments will become a $617 billion industry by 2016. Big name companies like PayPal are offering mobile payment solutions and working with app developers to get this fledgling industry off the ground.
The latest venture pairs PayPal with Storific, a Paris start-up that wants you to buy your lunch using your iPhone. According to Venture Beat, the ser
