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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Google gets Lift in Test of its New Pay Service

12 September 2006

PIC Solutions Exhibits at MasterCard?s International Fraud Conference

12 September 2006

First Data Corp. to Acquire Utilities CIS Software Company Peace Software

12 September 2006

MasterCard Announces Integration of all Authorization Transactions on a Single, Global Platform

12 September 2006

PayPal Expansion will Add 400 Jobs

12 September 2006

Cash America Agrees to Acquire CashNet USA Online Lender

12 September 2006

TSYS Expands Global Reach With Purchase of Card Tech Limited

12 September 2006

Collection Agency to Keep eBay Deadbeats Honest

12 September 2006

Pipeline Data Acquires Valadata, Inc.

12 September 2006

Credit Card Industry Cracking down on Payment Security

12 September 2006

CheckFree Wins Technology Award from The Banker for BNP Paribas Securities Services' Global STP Platform

12 September 2006

GE Teams With PayPal, EBay on Card

12 September 2006

Groups Push for Defeat of Wal-Mart Bank

12 September 2006

Discover Positioning as "Broad-based Payment Company"

12 September 2006

Wal-Mart Drops Controversial Element of its Bank Bid

12 September 2006

PayPal to Offer Text Message Payments

12 September 2006

Vermont Collection Agency Settles Fraud Case

12 September 2006

Former FTC Chair Defends Credit Card Industry in House Testimony

12 September 2006

Visa Surpasses Contactless Merchant Milestone

12 September 2006

Online Resources Announces Unique Security Solution for Online Banking and Bill Payment

12 September 2006