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.

See all Topics

Private Equity Firm Expands Portfolio with Health Care Software Firm

16 July 2008

Mortgage Payments Could Make Credit Card Balances Soar

15 July 2008

New Program Allows Consumers to Pay Mortgage with Credit Cards

10 July 2008

PIC Solutions Teams with Easygram

8 July 2008

Striata Credit and Collections Reduces Billing Costs

7 July 2008

Discover Financial to Open Office in China

7 July 2008

Discover Completes Diners Club Purchase

1 July 2008

ZipClaims.com and InstaMed Enhance Medical Billing for Millions of Practitioners

27 June 2008

TSYS and Canadian Tire Extend Payment Services Agreement

27 June 2008

EPP and PCI Group Partner on Electronic Bill Pay and Collections Solution

24 June 2008

LML Payment Sees Revenues Double

23 June 2008

TSYS Signs Processing Agreement with PartnersFirst

20 June 2008

Alliance Data to Provide Private Label Credit Card Services for Peach Direct

19 June 2008

Global Payments' DolEx Deploys Online Resources' Bill Payment Services

18 June 2008

Group Seeks to Promote Prepaid Transit Cards for the Unbanked

17 June 2008

NACHA Signs Fidelity National for Secure Vault Payments Offering

16 June 2008

ID Theft Drops as Check Fraud Continues

10 June 2008

Big Card Issuers Look to Prepaid for New Market Growth

9 June 2008

Payment Players Must Contain Fraud: Chicago Fed President

9 June 2008

Payments Fraud Fight Requires Collaboration: Fair Isaac Chief

6 June 2008