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

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To: Jon Stept who wrote (7827)7/8/1999 7:10:00 PM
From: Benny Baga  Read Replies (1) of 20297
 
>>>>The corporation sending the bill would save money by bundling bills together.

Billers already get bulk rates today based on volume (even though the mail is going to different points). Any additional cost saving IMHO, would be marginal (especially considering a small percentage of the bills would actually be sent to consolidators). In addition, E-Bill requires ZERO Postage.

>>>I don't agree with your comment, "the systems aren't set up to bulk mail consumer bills to one location".

Billers use address for multiple things, different rates based on region, advertising inserts, etc. Believe it or not many billers are not set up to handle multiple addresses for each consumer (billing vs. location). Remember there are over 3 million billers, so while some could change their systems, most would not. Not to mention billing cycles, etc.

Plus why would billers waste their time, when the could set up E-Bill and save on all Postage? For example my AT&T credit card doesn't send me a paper bill, they just send an e-mail notification, I go to their web site and pay the bill (eventually I'll be able to receive this bill at my banks web site).

Benny(IMHO)
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