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Because of credit crunch, 31% of US buyers consider shifting to cash alternatives - study

A study focusing on the consequences of the credit crunch on holiday shopping reveals that 31 percent of US buyers would make more purchase online if they could have a better control of their finances and if they were offered the possibility to pay with cash.  

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Alipay makes its online payment service available for utilities in China

Alibaba's online payment platform Alipay has launched a new service for payment of public utilities in Shanghai.

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New York & Company customers can now pay via MasterCard PayPass in US

US fashion retailer New York & Company has adopted MasterCard PayPass technology to enable its customers to make contactless payments.

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Web.com initiates partnership with PowerPay for payment processing options

Online marketing services developer Web.com has selected electronic payments supplier PowerPay to provide its e-commerce customers with access to PowerPay's payment processing services.

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TSYS teams up with Sony Finance for credit card processing

US-based TSYS, a processor of merchant acquirers and bank credit card issuers, has joined forces with Sony Finance, to process its credit card programme.

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US bank opts for Diebold's ImageWay application for check imaging

US-based Kleberg First National Bank has selected self-service transaction systems provider Diebold's ImageWay tool for check imaging and processing at its eleven branches.

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Panini's Vision X check scanner receives certification from Wausau Financial Systems

US-based payment and receivables processing services provider Wausau Financial Systems (WFS) has granted certification to Italy-based payment technology developer Panini's Vision X check scanner.

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