Amazon.com has announced it has signed an agreement with Bill Me Later to make the Bill Me Later payment option available on the Amazon.com website. Amazon.com also announced that it is making an equity investment in Bill Me Later, Inc. Note that Bill Me Later is not yet available on the Amazon.com web site - "the companies are working closely together to make the service available as soon as possible..." An FAQ is available.

Grianne Gilmour, Rebecca O'Connor and Christine Seib report for The Times in London on the impact rising credit card rates may have on consumers in the UK. "Rising credit card rates will add pressure to over-stretched households struggling to cope with increased mortgage payments and higher utility bills."

• Javelin Strategy & Research: Generation Y Payments Behaviors and Attitudes: Customer Service and Targeted Rewards Attract Lucrative Young Adult Segment
• Mercator Advisory Group: International Transit and Payment: Finding the Contactless Breakout Strategy
• TowerGroup: 'Green' Initiatives Pick Up Momentum Among U.S. Financial Services Institutions
• East African Mobile Operator Alliance Selects Redknee Mobile Money Services
• American Express Offers Shipping Upgrade on Gift Cards Ordered Online
• Cardtronics Cuts I.P.O. Terms
• Alltel Wireless and Digby Offer Mobile Shopping via BlackBerry smartphones
• Buying Gift Cards at a Discount
• Hypercom moving headquarters to Scottsdale Airpark

We have received news of the following recent management changes:

• Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase, has been appointed to a two-year term as Chairman of the Board of Directors of The Clearing House.
  
• Peter J. Hopfensperger has been named chief customer officer at ID Analytics. Most recently, Hopfensperger was vice president of strategic client services for Equifax.