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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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Taco Bell Tests MasterCard PayPass Contactless Payment Option

15 March 2007

Upstart Credit Card Firm Takes on Visa, MasterCard and the Big Banks

14 March 2007

ePayments Corp. Prepared For Back-Office Check Conversion Rules

6 March 2007

EPP to Provide Payment Processing for Global Connect Voice Broadcasting

5 March 2007

ShopRite to Accept MasterCard PayPass 'Tap & Go' Payments

1 March 2007

Online Resources to Restate Q3 Results; Reports Q4 Loss

23 February 2007

More Vending Machines Taking Plastic

23 February 2007

First Data to Exit Official Check and Money Order Business

22 February 2007

MasterCard to Launch Advertising Blitz for Contactless Payments

20 February 2007

Regional to Charge Interest on Unpaid Bills

16 February 2007

CheckFree to Acquire Corillian Corporation for $245 million

14 February 2007

Bank of America Offers Mobile Banking to 21 million Online Banking Customers

13 February 2007

Visa and SK Telecom Announce Plans to Launch Mobile Payments

8 February 2007

Creative Benefits Completes Integration with First Data and UMB

7 February 2007

Online Resources Renews Multi-Year Contract with TD Banknorth

2 February 2007

Debt Resolve Joins Fair Isaac's ScoreNet Network

31 January 2007

CheckFree and nuBridges Launch Solution for Small and Mid-Sized Merchants

29 January 2007

First Data and INICIS Form Alliance for Processing in Korea

26 January 2007

Synovus Financial Corp. Joins NACHA

25 January 2007

First Data Acquires Size Technologies

25 January 2007

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