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Technology Stocks : BillServ.Com(BLLS) Going for the EBPP Market Small Billers
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To: King David who wrote (560)9/24/1999 1:08:00 PM
From: Paul S.  Read Replies (1) of 918
 
I believe that the clients Billserv has signed to date represent 216,000,000 paper bills in total- how many of these can be converted into e-bills remains to be seen.

As for per unit costs - A recent story from American Banker outlined the cost to billers (look at post 508 for full story) Billserv.com charges less than $50,000, and typically $30,000 to $35,000, to get a biller up and running. The service costs 35 to 65 cents per bill after that.

Billserv has higher per unit cost than it's competition but I think that's justified by the minimum total bills. BLLS will service Co's with a 10,000 monthly billing cycle, the competition has a 50,000 minimum.
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