Braintree, one of the most popular online payment gateways for the web and mobile, has raised $35 million in another round of funding.

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Square, the mobile payments startup, has raised $200 million at a $3.25 billion valuation. It now processes nearly $8 billion in payments on an annualized basis.

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PayPal has recently announced another deal with Discover, which does not restrict it to a few merchant establishments anymore.

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Just two days ago, PayPal acquired Cad.io, which was another player in the mobile payment segment. However, it made a giant leap in its tests with offline payments, when it tied up with McDonald’s outlets in France.

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While speaking to Engadget, Square CEO Jack Dorsey hinted that a Square Windows Phone app may be in the works.

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PayPal has acquired Card.io, a mobile payments startup which enables developers to read credit card information with a smartphone’s camera.

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Foursquare, a darling startup of everyone, might have raised a lot of money. But will it survive or die the internet death?

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