This week's Top 11 Most Popular New Stories on Payments News are:

• Glenbrook's QuickTake: TextPayMe- Glenbrook's Russ Jones does a quick analysis of the just announced TextPayMe SMS-based mobile payment service.
• First Data's Card Unit "Up In Air" - Last week's Omaha World-Herald story on FDR - before the layoffs in the card issuer servicing unit announced on Friday.
• TextPayMe Announces SMS-based Money Transfer - Redmond, WA-based TextPayMe launches beta of new mobile payments service.
• YeePay Launches Telephone Payment Service in China - Beijing-based YeePay launches new telephone payment service with major banks in China.
• New Bankruptcy Law Backfiring On Credit Card Issuers? - The law of unintended consequences may be at work for credit card issuers.

M.P. Dunleavey reports for the New York Times on new payment technologies including contactless and biometric payments.   » Continue Reading

Julie Brick reports for the New York Times on how small businesses are using PayPal to invoice and receive payments from clients.   » Continue Reading

The Nation reports from Bangkok that the "Bank of Thailand (BOT) has approved the setting up by the Thai Bankers’ Association of a national Interbank Transaction-Management Exchange (ITMX) to provide electronic payment services on the Internet."   » Continue Reading

Rupert Steiner reports for The Business Online (UK) on Great Universal Stores (GUS), parent company of Experian, and its recently announced acquisition of PriceGrabber.com.   » Continue Reading