News from Travel Technology Update: Bill Me Later likes to keep it simple, for both consumers and merchants. The company can approve U.S. residents for deferred payment in a matter of seconds, with just the address, the last four digits of a customer's Social Security number and a birthdate. For merchants, Bill Me Later provides a guaranteed payment: Bill Me Later takes the risk of consumer defaults, although John Reistrup, vice president of travel marketing, said that rarely happens. ...

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