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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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MasterCard Expanding Vending Machine Credit Card Acceptance

24 April 2007

ePayables Leader Xign Purchased by JPMorgan Chase

23 April 2007

First Data to Acquire Online Banking and Bill Pay Company FundsXpress

17 April 2007

NACHA Reports Nearly 16 billion ACH Payments in 2006

16 April 2007

Online Bill Payments Surpass Checks for the First Time Among Internet Households

12 April 2007

Coke Bottler to Convert Vending Machines to Cashless Credit Card Payments

9 April 2007

First Data Completes Acquisition of Instant Cash Services

9 April 2007

DAKCS Software Selects EPP to Provide Integrated Payment Solutions

4 April 2007

Fifth Third Bank Joins NACHA

3 April 2007

ITS - PayMyBill and CR Software Announce Strategic Partnership

3 April 2007

One of NJ?s Largest Credit Unions Moves Card Processing to TNB Card Services

2 April 2007

KKR to Buy First Data in $29 billion Deal

2 April 2007

First Data Acquiring Polish Card Issuer for $325 million

30 March 2007

EPP Selected as a Preferred Payment Solutions Partner for Accelerated Data Systems

29 March 2007

Online Resources Appoints New Auditor

29 March 2007

ECHO and Intuit Terminate Merger; ECHO to Give Up $2.3 million in Collection and Processing Profits

27 March 2007

ePayments Helps School Lunch Programs Recover from Bad Debt

21 March 2007

MasterCard Expands PayPass Deployment in Vending Machines

20 March 2007

Patent Granted for Substantiation of Health Benefits Card Transactions

19 March 2007

First Data to Acquire Instant Cash Services Business from Wells Fargo

16 March 2007

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