SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David H. Zimmer who wrote (6639)6/22/1999 9:25:00 PM
From: robert scheb  Read Replies (1) of 20297
 
Again. The question is, who gets the float? When dealing with your bank and paying a bill, they debit your account immediately. When dealing with Checkfree, Billpay or whoever, the money stays in your account until the electronic transfer is complete, or for now until the cut check is returned. I can see CKFR doing this later if the banks decide to compete. The float would be enormous with millions of bills being paid monthly.

Lets see... Checkfree National Bank, Checkfree Bank and Trust, someone pick a name.

Scheb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext