A payment system is an automated set of processes (usually done with computers) for accepting cash-substitutes as money. Since the rise of credit and debit cards and the Internet, most businesses in the U.S. rely on some type of payment system. In addition to the traditional credit card processing services, payment systems can include electronic checks, EFT, mobile payments, and technologies specific to the Internet like digital wallets, e-cash and PayPal.

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Frontier Airlines and First Data Announce an Agreement on Credit Card Processing Terms

4 June 2008

Discover to Take Up to $31 million Charge for Subprime Mortgage Investment

2 June 2008

WAUSAU Financial and ClairMail Partner to Provide Mobile Lockbox Functionality

28 May 2008

Chase, First Data to Split Paymentech

28 May 2008

Fiserv Launches CheckFree Payments Suite to Address International ACH Transaction Code

22 May 2008

JPMorgan Releases Procurement Card Best Practices Report

21 May 2008

JPMorgan Ranked First in ACH Originations for 2007

20 May 2008

Fiserv Introduces CheckFree PaymentView Payments Monitoring System

20 May 2008

NACHA Reports More Than 18 Billion ACH Payments in 2007

19 May 2008

Executive Change: TSYS Acquiring Solutions Appoints David E. Wood as COO

19 May 2008

Bank of America, Wells Fargo Form Payment Processing Joint Venture

16 May 2008

Congress Hears Merchants, Networks Battle Over Interchange

16 May 2008

Ontario Systems Integrates PaySimple 2.0

14 May 2008

Executive Change: Janet Estep Named NACHA'S Next CEO

14 May 2008

ACE Cash Express Selects Online Resources for Bill Payment Services

13 May 2008

EPayments Corp. Launches Professional Payment Services Division

8 May 2008

The National Arbitration Forum Partners with Forthright

6 May 2008

First Data to Acquire Gift Card Provider InComm

1 May 2008

International Payments Generate Profits for MasterCard, Visa

29 April 2008

Alliance Data Card Group Sees Revenues Drop

24 April 2008