Only dinosaurs pay with a credit card -- the cool thing to do is to pay with your smartphone.

Forward-thinking payments companies like eBay's (NASDAQ:EBAY) PayPal have created great technology around mobile payments. PayPal's Check-In mobile app allows consumers to view establishments that accept PayPal, see coupon offers, and pay right from their phone.

But is the industry already moving past mobile phones? 

In the clip from The Motley Fool's show "Where the Money Is" below, Fool analysts Matt Koppenheffer and Max Macaluso visit the Twitter-sphere and discuss whether palm readers might be in our payments future. Given the recent data breaches at several high-profile merchants, many industry experts are trying to find the most secure and convenient ways for consumers to pay for everyday goods and services. Matt and Max also discuss the safety of e-cigarettes and Richard Branson's quest to solve the world's problems.

Matt Koppenheffer has no position in any stocks mentioned. Max Macaluso, Ph.D. has no position in any stocks mentioned. The Motley Fool recommends eBay. The Motley Fool owns shares of eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.