Simon Song writes for The Standard from Hong Kong about eBay's (and PayPal's) efforts in China.

The online auction giant would seem to have every incentive to introduce PayPal to China, which is already its third biggest market outside North America in registered-user terms.

So why is it taking so long?

This week's eAlert from the American Bankers Association reports on the FDIC's recent ID Theft Symposium held in Los Angeles that included the release of a supplement to the agency's recent study, "Putting an End to Account-Hijacking Theft."   » Continue Reading

Sara Reicks profiles Central Bancard, an emerging merchant card servicer, for the Quad City Times.

"We sign the merchant based on saving money and charging less than the bank or company they're with. We keep them based on a higher level of service."

Albert Crenshaw writes for the Washington Post on the increased fees now associated international use of credit cards.

Consumer Reports, the magazine of Consumers Union, recently compared a credit card, even with a 3 percent fee, with getting cash from a foreign ATM or an exchange shop or foreign bank, using traveler's checks or changing money at a hotel or airport, and found the credit card remained the least expensive way to go.

Lauren Mayk writes for the Lakeland, Florida Ledger on merchant frustrations with the costs of credit card acceptance.

Credit card companies say merchants are blowing the whole fee issue way out of proportion. The fees, known in the industry as "interchange" rates or fees, are set by the credit-card companies and paid to the bank that issues the cards.