The telling element is that, both in the release and in meetings with the press, IBM is including resellers who work with companies of fewer than 1000 employees.

FORBES: IBM's Public Cloud is Near

It will require an app-specific PIN and in the first release, all payment card credentials will be encrypted and stored on a chip, called the secure element, that is separate from the Android device memory and is only accessible by authorized programs.

ENGADGET: Google Wallet mobile payment service, Google Offers announced