..And now the bad news:
Citibank Launches No-Fee, Low Balance, Full-Service EZ Checking; Low $1,500 Minimum Balance Avoids Monthly Charges; Bill Payment, PC Banking, Citibank ATM Services are Free
nt.excite.com
....can't wait until bill presentment comes. This will be CitiBank's Nightmare. Consider (hopefully in August), that Chase will advertise not only Pay all your Bills over the internet, But receive most major bills also. CitiBank will have three choices, 1. Wait for MSFDC, this could be a very long wait for just a few small billers. 2. Do it In-House, if they thought an In-house payment model was expensive, presentment is going to be worse. 3. Give into CheckFree, and if I'm Pete, I'll be doing it on CheckFree's terms (Harpoon the Big White Whale).
Benny(CheckFree is in control of their destiny, all they have to do is execute). |
