Making a mobile payment and commerce solution available on multiple devices and payment options will be supported by Visa, MasterCard, Discover and American Express.
The Department for Education denied there were delays to the programme, but said it was essential to take the time to find the right finance arrangement for each school, and confirmed it was now looking at a number of options including a bond finance solution.
Lehman Brothers is rapidly watching its options slip away and it's now under pressure from investors to find a solution to its multi-billion-dollar problems.