BCE Emergis - global e-commerce Message Board

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Gold/Mining/Energy : BCE Emergis - global e-commerce

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To: rocki who wrote (778)	5/21/1999 8:25:00 AM
From: AugustWest	Read Replies (1) of 1341

Hi Rocki, just a little friendly fire :) In April, BCE Emergis and partners Bell Canada and Microsoft Corp. un-veiled an "electronic-bill-presentment service" that has been touted as one of the largest E-commerce initiatives in the world. The service will enable Canadians to receive and pay bills electronically through E-route Inc., a firm owned by six major financial institutions, including the Royal Bank of Canada and the Canadian Imperial Bank of Commerce. Edwards said the E-route project is still in the develop-ment stage. "We're spending monev to get organized so there's no revenue just ex-pense at this point," he said. "Initially we'll probably have to spend a little bit more money than we get in revenue but it will eventually generate about a billion dollars over the next 10 years."

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