Moreover, it is inappropriate to authorize payment for clothing and equipment from the acquisition workforce training fund, whose resources should be focused on vital training and development to improve the collective competency of the current and future acquisition workforce.

WHITEHOUSE: Testimony of Paul A. Denett

The acquisition follows Paypal's purchase of another smartphone-based payment service, Zong, last year.

BBC: Paypal buys the Cardio credit card scanning service

Green Dot said the deal will give the company improved customer acquisition and retention, drive the adoption of new banking and payment products targeted to new segments of consumers, and provide the opportunity for Green Dot to become a leader in mobile wallets, rewards and payment solutions at retailers.

FORBES: Green Dot To Buy Loopt For $43.4 Million In Cash

It goes on to outline a variety of ways in which broadband is improving the lives of people around the world, in m-health, distance education and m-learning, via m-payment systems, and in improving the lives of women, promoting innovation and fostering the acquisition of new skills.

UNESCO: Communication and Information