HSBC Bank USA has announced that is has begun issuing new debit cards with MasterCard PayPass contactless technology. The bank said it expects to issue about 1 million cards through the end of 2005 and will be the first bank to completely reissue its debit cards to include PayPass.   » Continue Reading

Coinstar and Amazon.com have announced the two companies will team to provide a convenient new way for consumers to use cash to make online purchases. The Coinstar and Amazon agreement makes it possible for customers to exchange coins and also bills at Coinstar Centers -- with no transaction fee -- for a gift certificate redeemable at Amazon.com.   » Continue Reading

China's TOM Online has signed a strategic cooperation agreement with UMPAY (Union Mobile Pay Ltd.) to jointly develop and market bank card, debit card and credit card-based mobile payment products and services in China.   » Continue Reading

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