CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: 007 who wrote (2438)	2/9/1999 11:34:00 AM
From: Benny Baga	of 20297

>>>If Joe uses CKFR to pay, does Joe tell the billers to send the bills first to CKFR, who then consolidates them and forwards them to Joe at the location that Joe specifies? No, it's not that easy. Think of CheckFree (and TP) as a distribution network. If Joe's bank outsources bill pay and presentment to CheckFree, joe will only be able to view bills that have an EBPP contract with CheckFree. If a biller wants to present bills to Joe's bank the biller will have to contract with CheckFree. There has been speculation that banks could work with both CheckFree and Transpoint, but this has yet to be done, in addition would be a customer service nightmare. >>>Is it true that If Joe's bank has signed an EBPP contract with CKFR, then the only way Joe will pay his bills electronically is through CKFR? If CheckFree has a contract with a Biller to present bills at a Bank, Portal, etc., it is REQUIRED that CheckFree handles the payment. There are three parts of EBPP, Creation, Distribution and Payment. CheckFree wants to control the distribution and payment. Benny

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