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Earlier this month, Bank of America decided to join the group, arguing that WikiLeaks may be doing things that are "inconsistent with our internal policies for processing payments".
An extension to the end-of-the-month deadline for processing payments is vital if the Scottish government is to avoid being hit with millions of pounds in fines.
But merchants have complained that as the cost of debit fees — a charge for processing payments — has risen in recent years, they have had to add it to the prices they charge.
It is not clear how merchants will benefit from Apple's new ecosystem: it does not offer them lower fees for processing payments or useful data about their customers, as CurrentC does.
Led by Alexandre Tourre, a master's student at SIPA, and Amir Imani, a master's student at the Data Science Institute, the team is currently developing software for processing payments via mobile phone so Azimuth can maintain control over user data.
Eventually, the former chief operating officer of the Federal Reserve Bank of Boston was brought on (pro bono) to oversee the collection and control systems and work in concert with Bank of America to create a robust system for processing payments.
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If the test is successful and rolls out, Facebook could eventually earn money on the feature by charging a fee or revenue share in exchange for processing payment and improving conversion rates.
Lettuce's web-based platform provides the connective tissue between capturing orders, managing inventory, accounting for sales, processing payments, and order fulfillment.
And it if moved into processing payments for physical goods, where would people be buying them from?
As things stand, GoCardless is processing payments for about 10,000 UK companies and its annual payment volume no has just burst through the $1bn mark.
The FDIC, in other words, was warning a bank against processing payments for illegal businesses.
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