Digital River has announced that PayPal is leveraging its Digital River World Payments solution to support local online payment processing in Brazil and Mexico. "This geographic expansion adds to the companies’ existing relationship, which now includes payment services across multiple continents."

Over on our sister blog, Payments Views, Glenbrook's Carol Coye Benson interviews Mike Kennedy, chairman of the clearXchange board, and shares her thoughts on the new banking industry joint venture in a post entitled "It's About Time: clearXchange and Bank P2P".

This has been a big week for news in the payments industry – with the Google Wallet making a big, loud splash. It’s nice to see banks using the power of their collaborative action to demonstrate that innovation can come from the bank side of the payments world as well.

Last week's Google Wallet announcement is generating a lot of commentary, reaction, and analysis on the Web:

• MIT Technology Review: Google Wallet: Who'll Buy In?
• Monday Note: Google Wallet: Big Deal or another Buzz?
• Mobile Commerce Daily: Macy’s Steps Up Mcommerce Game via Google Wallet Partnership
• Search Engine Land: With Google Wallet Mobile Payments Era Is Finally Here
• eWeek.com: Google Wallet Won`t Succeed: 10 Reasons Why
• PCMag.com: What Does Google Wallet Need to Succeed? A Habit
• McAfee Blog: Looking Into Google Wallet’s Security Setup

MoreMagic Solutions has announced the launch of its eTopUpOnline application for smartphones. "The application is now available across all major global mobile platforms, including Blackberry, Android, iPhone and Symbian."

On the wires:

• New Aite Group Report on Global Anti-Money Laundering Vendors
• SelectCore Extends Prepaid Reload Platform in Canada
• Think Launches On-Line Ordering, More New Features with FaceCash
• Revel Systems Raises $3.7 Million Series A for iPad-based IPOS System

On the web:

• NetBanker: BillGuard's "Anti-virus for Credit Cards"
• American Banker: Starbucks Mobile Pay App for Android a Hit (Unofficially)
• BusinessWeekMake Business Credit Cards Fair, Too
• PCWorld: NFC Smartphone Payments Taking Off? Not So Fast
• Xinhuanet.com: China Issues Third-party Payment Licenses to Regulate, Spur Online Business
• Monetising Mobile: Speaker Presentations - Visa, BOKU, Nokia
• The Washington Post: Credit Unions Increasingly Offer High-Rate Payday Loans
• TechCrunch: Minno Rebrands As BuySimple, and Raises Money to Go After Micropayments

Just for fun:

• My Modern Metropolis: Pop Culture Cash