https://www.textpayme.com/us/secure/index.tpm
"TextPayMe is an innovative service that allows you to send money using text messaging. You can send a payment simply by entering the amount you want to send and the recipient's cell phone number. The transaction is instantaneous, and it works on any phone. TextPayMe is a fast, easy, and secure way to send money."
This sounds like an interesting new system. Too bad it doesn't connect into Paypal. I already have 1 online payment account, I don't really need another. Good idea, and I hope we see more of it in the future.
Source: Geekzone
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