Shoppers can use the Card Case app to search for businesses that are also using the service, then use the app to pay their bill, by giving the merchant their name.

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Mobile payments start-up Square has announced a new service that allows consumers to pay for purchases by just giving their name to a merchant.

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To generate one final burst of cash inflow before they filed for bankruptcy, the parent company selling its brand name to the local merchant ran a Groupon without ever telling the franchisees.

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The merchant does not know the buyer's name unless he or she reveals it -- just like with old-fashioned money.

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The safest alternative payment service, according to Forzley, is Secure-ebill, where a customer provides only a name and e-mail address to the merchant, which in turn sends a bill electronically.

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When he was 14, he joined the Merchant Marines for three years before starting his career as a stand-up comedian in London -- changing his name along the way.

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