The advent and fast growth of the Internet economy has been accompanied by innovation in traditional forms of financial payments. These changes have been propelled on the one hand by the emergence of new commercial relations conveyed through the Internet which require new and secure modes of payments (e.g., digital marketplaces and e-commerce). On the other hand, traditional markets and industries have experienced the diffusion of new business practices within their procurement and marketing activities (Tufano 2003; Lerner 2004).