Electronic Payments Surpass Checks
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Americans made more payments electronically than with checks in 2003, making it the first year electronic transactions surpassed paper payments, according to studies released Monday by the Federal Reserve&#39;s financial services policy committee.
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The days of writing a check and scrambling to the bank within a few days to cover it with a deposit are coming to an end. The paper check is going high tech.
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For the first time, Americans&#39; use of credit cards, debit cards and other electronic bill paying has eclipsed paper checks. The number of electronic payment transactions last year totaled
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Get more out of your credit cards before the holidays hit.
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Bank of America online customers will soon be able to use their cell phones and smart phones to check account balances, pay bills and transfer funds.
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A new law takes effect today that&#39;s sure to have a positive impact on the nation&#39;s payment system. It&#39;s also likely to have an impact on those who pull out a checkbook when it&#39;s time to pay the bills.
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By Darana Chudasri, Bangkok Post, Thailand  Feb. 12--Local banks say they're ready to do their part to help improve  society through a clampdown on electronic payment transactions used to procure  pornographic materials through the Internet.
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A new federal law takes effect Oct. 28, increasing odds that a check will bounce if you pay now, deposit later -- counting on the time that can be taken in processing a check to cover what ends up as a withdrawal from your account.
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Net payment system Worldpay is under attack from hackers delaying transaction times for hundreds of online retailers.
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Check balances, transfer money and even pay bills on a handset.
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Visa this week quietly rolled out an additional set of Payment Application Security Mandates for companies that handle credit and debit card transactions.
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The practice of &quot;floating&quot; a check until payday will become a thing of the past Oct. 28, when the new federal Check Clearing for the 21st Century
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More businesses are out to convert die-hard check writers to electronic billing by offering perks, lower interest rates or discounted prices.
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ATLANTA -- New federal laws take effect Thursday that could dramatically shorten the time it takes for a check to clear the bank because the information will now be transmitted electronically.
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The Motley Fool - Like many people, you may have been resisting entering the age of online banking, perhaps not wanting to pay your bills electronically. But whether you like it or not, later this month financial institutions and many merchants will be taking a big step closer to a more paperless society. We have the "Check Clearing for the 21st Century Act" (referred to as "Check 21" by those in the know) to thank for this.
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The cheque will never be in the post again Anam Mobile and TR2 Communications have launched a service allowing cash payments over SMS, but you'll have to wait until network operators implement it before chucking the cheques.â¦
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Soon you will be able to deposit checks by scanning them at home and sending them electronically to your bank. No need to visit a branch or even an ATM.