Don't blame us for that headline! It comes from The Telegraph in the UK where Edward Simkins reports on a new cash replacement contactless card called sQuid scheduled to be launched early next year.

Bob Tedeschi writes for the New York Times about how online bill payment is booming - with online payments (currently 35 percent of bills are paid online) expected to pass those paid by check (currently 37 percent) in the next year according to a Harris poll commissioned by CheckFree.

George Lekakis and Bruce Brammall report for Australia's The Advertiser about credit card interest rate increases following an increase in the official rate by the Reserve Bank of Australia - and questions why the National Australia Bank chose to raise rates more that three times the official rate rise. "This behaviour suggests that some banks are using credit card customers to claw back revenue they lost as a result of the RBA's recent clampdown on bank interchange fees."

The Financial Express reports on NGPay, a GPRS-based mobile payments application developed by Jigrahak Mobility Solutions.