September 15, 2008 is recognized by many as the day of the credit crunch. On this day, Lehman Brother filed for Chapter 11, the largest bankruptcy in US history. Following that, changes continue to occur, we have seen giants fall, bailout packages, mortgage meltdowns, credit freezes, a credit card bill, etc…

In the mean time consumer attitude towards payment methods has changes, and we believe this change is permanent. Moving forward, customer will prefer to pay with cash. We are not the only ones to recognize this. eCommerce merchants who traditionally relied on credit also believe this, and are adopting Secure online payments that are cash based. We are proud to announce today that Sears.com, Kmart.com and Kenmore.com have joined the eBillme family and are offering their customers, the safest way to pay with cash online.

As  Susan Ehrlich, senior vice president and president of Sears Holdings’ Financial Services business unit says “eBillme gives us the ability to let our customers pay with money from their online checking accounts without having to provide their account information as part of the transaction. Our customers have changed their payment behavior to adapt to this difficult economy. eBillme compliments our efforts to continuously serve our customers and deliver a quality and affordable retail experience.”