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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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State Agency Picks Joseph, Mann & Creed for Collection Contract

23 January 2007

Cyphermint Adds Credit and Debit Card Linking to Mobile Payment System

19 January 2007

Executive Change: Robyn Bartlett-Andersen Promoted at First Data Healthcare Services

18 January 2007

JPMorgan Chase Acquires HIPAA Electronic Remittance Firm

18 January 2007

First Data, Microsoft and HP Deliver POS Solution for Small Retailers

15 January 2007

Visa, Nokia Integrate Credit Cards Into Mobile Phones

12 January 2007

Smart Payment Solutions and Automated Financials Group Merge

12 January 2007

Processing Agreement Extends First Data's Reach into Pakistan

10 January 2007

Merchants Launch Ad Campaign Against Credit Card Companies

9 January 2007

Fair Isaac to Participate in the IBM SOA Specialty Program

8 January 2007

Discover Gets Into the Prepaid Debit Game

3 January 2007

Fair Isaac Lands Romanian Credit Decisioning Account

3 January 2007

SunTrust Signs Multi-Year Renewal With CheckFree

3 January 2007

CheckFree Announces Agreement to Acquire Carreker

2 January 2007

Online Resources Launches Mobile Banking & Payment Solution

2 January 2007

First Data Renews Advanta Bank Processing Agreement

20 December 2006

Executive Change: Karl Asplund and Ryan Granard to Electronic Clearing House

17 December 2006

Citigroup, MasterCard, Cingular and Nokia Team Up on Mobile Phone PayPass Payments

15 December 2006

Intuit to Acquire Electronic Clearing House for $142 million

15 December 2006

Standard Chartered and First Data Form Merchant Acquiring Alliance in Asia

15 December 2006

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