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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: Mark Fowler who wrote (80364)	10/12/1999 7:15:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 164684

Bank of America to offer Web business service-WSJ NEW YORK, Oct 12 (Reuters) - Bank of America Corp. <BAC.N> is expected to announce Tuesday a service that lets companies build an online store through the nation's second-biggest bank, the Wall Street Journal said. Bank of America will collect a fee of $100 a month from merchants using the service to track inventory, generate shipping information and authorise customer payments, the Journal said, as well as a transaction fee each time a credit card is used for a purchase. The bank can also build a merchant's Web site from scratch for as a little as about $250, the paper said. Bank of America's rivals in that business will range from the new zShops section of Amazon.com Inc.'s <AMZN.O> Web site to rival bank Wells Fargo & Co. <WFC.N>.

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