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Technology Stocks : WAVX Anyone?

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To: Klingerg who wrote (7350)6/8/1999 6:23:00 PM
From: Wooly  Read Replies (2) of 11417
 
Kling~

Anything that perpetuates reliance on a Wave Enabled Device (WED?) is fine and dandy, IMHO!

The attraction of Billserve (to payor and payee) is having the utility payment, car payment, whatever payment guaranteed to arrive when due. This is another life simplifier: a programmable substitute for writing and stamping and sending written checks.

The recipient doesn't have to pay V/MC/A transaction processing fees, nor charge them back or pass them on to their customers. Typically these electronic bill payment methods are free, if you keep a substantial minimum balance, usually $5K. I'm not sure I would keep that much in my wave account.

Do you think Wave wants to be in this market?

Cheers,

Wooly
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