eTelcharge.com, Inc. (ETLC.OB) to Acquire PaymentOne
eTelcharge.com, Inc. (ETLC.OB) is a Texas-based company that provides secure payment options. Etelcharge is the first Web 2.0 payment application which leverages the convergence of landline telephony to broadband. Etelcharge's secure online payment system gives online members the ability to charge their online purchases directly to their phone bill. Etelcharge is a great tool for online merchants as it allows them to accept purchases from customers who do not have credit cards or banking relationships. On June 17, 2008 Etelcharge announced a definitive agreement to acquire PaymentOne. The acquisition is targeted to close in July or August of 2008 if…