Bankrate.com's Holden Lewis blogs about a recent change Bank of America made to its credit cards fees - imposing a $1.50 per month minimum finance charge. He explains that while the initial notice he received was confusing, the bank clarified that the fee does not apply to transactors - those who pay off the balance in full each month - but to revolvers and sets a minimum finance charge amount for them.

Cellular South and Kyocera Wireless Corp. (KWC) have announced a multi-city consumer trial of Wireless Wallet technology beginning in May in Memphis, Tenn., and Jackson, Miss.   » Continue Reading

Ina Steiner writes on her AuctionBytes.com blog about a PayPal survey she received from a reader asking about several potential new features that PayPal might offer to merchants.

Reuters reports that "web telephone calling service Skype will shortly begin allowing users to send money to other Skype users via the PayPal online payments system, Skype co-founder Niklas Zennstrom said on Tuesday."

Joel Garreau writes for the Washington Post about the US Mint's new presidential dollar coins - as mandated by the Presidential Dollar Coin Act of 2005 - being issued in the face of the migration to electronic payments and away from cash. He cites Visa's Tim Attinger: ""I dream of a day when kids on the corner selling lemonade will take Visa payments," he says. "Not next year, but it can happen."

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