TrialPay has announced that it is expanding its payment and promotions solutions to "include a Purchase Incentive Platform, which lets online sellers optimize conversions and boost Average Order Value (AOV) while reducing promotional costs, like deep discounts and free shipping." READ MORE

Billeo has announced the availability of Billeo for the Apple Mac, a browser plug-in that allows users to set up a “one stop shop” transaction center with stored account information, card data, reminders, saved receipts and more. Billeo also said that it has "integrated community learning as part of Billeo’s save receipt feature. With this feature Billeo continuously learns from the community of Billeo users to automatically categorize your web receipts based on the most popular selections other users have made." READ MORE

The latest G.19 Consumer Credit data for February 2009 released yesterday by the Federal Reserve shows a dramatic decline in revolving credit - declining at an annual rate of 9-3/4 percent for the month. Overall, consumer credit decreased at an annual rate of 3-1/2 percent in February 2009 and nonrevolving credit increased at an annual rate of 1/4 percent.

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