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Non-Tech : How to pay bills & buy stocks at ....THE LAST MINUTE.

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To: jmhollen who wrote ()10/31/1999 12:08:00 AM
From: jmhollen   of 10
 
Recent reports from the U.S. Federal Reserve state that an estimated 70+ billion checks are written every year.

Overall costs incurred by a merchant or financial institution to process each consumer check can be as high as $3.50.

This adds up to more than $40 billion spent each year by retailers to accept check payments.

eConnect's EzyPay eliminates the ongoing inconvenience of accepting, processing and handling payments by check, cash or other paper instruments. Designed to dramatically improve customer service and reduce the inherent cost of processing paper transactions, EzyPay is the means by which pre-authorized debits are electronically transmitted from a customer's credit card account to the businesses' accounts.

EzyPay Benefits

- Simple to use
- Simple implementation
- 100% electronic: no physical handling
- Proven technology
- Flexible
- Automatic collection and deposit
- Pre-authorized payments
- Provides faster funds availability
- Reduces costs of accepting paper checks

EzyPay Applications

- Mortgage or medical payments
- Dues or subscriptions
- Utility bills
- Cable companies
- Telephone companies
- Insurance premiums
- Funding your online brokerage account

e-connect.cc
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