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.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.