Intuit -- What's Its Future? Message Board

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Technology Stocks : Intuit -- What's Its Future?

INTU 633.99

+0.8%

Nov 28 12:59 PM EST

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To: kfs who wrote (862)	1/1/1998 3:55:00 AM
From: TLindt	of 1546

For those of you that are not watching the development of Checkfrees e-Bill side of the business.......we should already know by now Checkfree is 19+% owned by Intuit....has relationships with 850 Financial institutions to route money, e-Pay & Online Banking...covering 75% of US Checking & Savings Accounts. The e-Bill side of the business is the 'bill presentment'....From Merchant to Customer.....you and me. Which you can then pay thru your Quicken Program or the Net with the click of your mouse....Checkfree routes the funds from your account to the Merchant...Banks....blah...blah....blah. Saves Time and Money for everybody. They are putting the Merchants on quite frequently for e-Bill processing.......the 1st 19 includes a couple of Baby Bells, GTE......look for yourself. The list IMO will grow to most everybody you know or will ever hear about. checkfree.com

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