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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Candidate Calls Opponent Hypocritical Over Payday Loan Reforms

8 December 2006

Bank of America Readying for Global Credit Card Expansion

8 December 2006

Senator who Owned Payday Loan Firms Seeks Changes in Industry

8 December 2006

Wal-Mart to Launch Credit Card in China

8 December 2006

Cash America Completes $35 million Acquisition of CashNetUSA

8 December 2006

Western Union Begins Investor Road Show for Upcoming Spin-off

8 December 2006

City Turns to Collection Service for Bad Checks

8 December 2006

UNC-Greensboro Economist Challenges DoD Study on Payday Loans

8 December 2006

Mellon Acquires ClearTran

8 December 2006

MasterCard Unveils New Card for Elite Affluent Consumers and Businesses

12 September 2006

Court Rules that Credit Cards Get Money Before Churches and Charities Per Bankruptcy Reform Law

12 September 2006

First Data Announces Record Date for Spin-off of Western Union

12 September 2006

Western Union Settles Arizona Case

12 September 2006

Top U.S. Companies See $72 Billion In Improved Working Capital

12 September 2006

Lighthouse1 Teams With First Data and UMB Healthcare Services to Launch Innovative Health Payments Program

12 September 2006

Centene Files Appeal with State of Kansas

12 September 2006

Consumer Groups Team with Pentagon on Interest Rate Caps

12 September 2006

Per-Se Technologies to Present on September 12 at the Bear Stearns Annual Healthcare Conference

12 September 2006

H&R Block Cuts Rates on Tax Refund Loans

12 September 2006

Mastercard to Disclose Interchange Rates and Cap Fuel Purchase Fees

12 September 2006