Internet company PayPal has announced plans to open an application storefront in an effort to court developer business and further its online payment system.

Over the last year or so, Facebook has been gradually ramping up its Credits system, which for a long time was used just to purchase virtual gifts (now you can use it to buy real gifts, songs, and it’s been integrated with some applications).

PayPal is finally extending its money transfer system to the BlackBerry, with a new, free Send Money app for the Blackberry. The app will let you access your PayPal account and easily send money to a recipient.

Today is the first day of PayPal’s much-hyped PayPal Innovate X 2009, the payments company’s first dedicated developer conference. PayPal, which reported strong earnings recently, is hoping to engage developers in producing applications on top of PayPal’s newly released API. We reported on parts of the open platform here ...

The wait is finally over, at least for those lucky TechCrunch readers in the Bay Area. Today, TechCrunch50 winner RedBeacon is opening its doors to San Francisco and the surrounding area, allowing users to submit requests to local service providers without ever having to pick up the phone.

Recently, PayPal announced its flexible payments API, called Adaptive Payments (which we scooped ) gives developers full access to PayPal’s features, allowing them a lot more freedom in building applications, which includes the ability to accept and distribute payments.

It looks like PayPal is rolling out a more flexible payments API called Adaptive Payments. We’ve obtained a confidential document, which is embedded below, explaining the details of the new system. Basically the API is designed to give developers full access to PayPal’s features, allowing them a lot more ...

A new service from 83 Degrees called Super Chirp launches this evening that lets Twitter users get paid for their content stream.