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Similar news:

• Google developing online payment system - CEO — Web search leader GoogleInc. is developing an online payment system but is notbuilding a direct rival to eBay Inc.'s PayPal, GoogleChief Executive Eric Schmidt said on Tuesday.
• Visa, Amex Cut Ties With Card Processor — Visa USA Inc. and American Express Co. are cutting ties with the payment-processing company that left 40 million credit and debit card accounts vulnerable to hackers in one of the biggest breaches of consumer data security.

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