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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (7465)6/30/1999 8:55:00 AM
From: Secret_Agent_Man  Respond to of 20297
 
27-1/2 by 5/8



To: jjs_ynot who wrote (7465)6/30/1999 8:56:00 AM
From: Benny Baga  Read Replies (1) | Respond to of 20297
 
>>>Is this allowed under the terms of acquisition of ISC?

Well, Yes considering they are using 100% CheckFree to provide the service.



To: jjs_ynot who wrote (7465)6/30/1999 8:57:00 AM
From: TLindt  Read Replies (1) | Respond to of 20297
 
NIIT Introduces the First Electronic Bill Presentment And Payment Solution for Billers
08:01 a.m. Jun 28, 1999 Eastern

ATLANTA, June 28 /PRNewswire/ -- NIIT, a leading IT services provider focused on software consulting and development, today introduced the first Internet bill presentment and payment solution for billers. EasyPay Server will enable service-oriented organizations, such as utilities and credit card companies, to directly present electronic bills to the consumer for payment via the Internet.

EasyPay Server allows the biller and the consumer to benefit from this solution by minimizing costs, delay and logistical errors. By using Web standards and interactivity, EasyPay Server delivers best-of-breed applications, providing convenience, reliability and flexibility to the biller and the consumer.

"This is a revolutionary service," said James Gionfriddo, president and COO of NIIT Inc. "Not only are we virtually eliminating the costs of printing, postage, processing and advertising, but we are providing billers the flexibility to tailor a bill to each customer. EasyPay Server provides for total biller control because billers and consumers interact directly. A consumer can actually correspond with the biller site to change the summary data."

Billers also benefit from enhanced cross-selling revenue opportunities, improved bill and statement analysis and the flexibility to choose between two modes for implementing billing and payment solution -- the Biller Direct mode and the Consolidated mode.

The Biller Direct mode allows the user to directly access the biller's website, while the Consolidated mode allows multiple billers to work through an Internet service provider (ISP) to deliver one consolidated electronic bill to the consumer.

Consumers benefit from paying their bills on-line to companies using EasyPay Server in that they have instant global access to their bills, they can schedule recurring payments easily and they have consolidated payments to multiple institutions under one payment system. EasyPay Server also allows for consumers to set the preferences for displaying bills, such as viewing telephone bills sorted by phone numbers instead of dates. NIIT allows billers to provide customer support for all on-line transactions.

NIIT closely works with CheckFree, the leading provider of financial electronic commerce, to provide the consolidation and payments services to large billers, consumers and financial institutions.

About NIIT

Established in 1981, NIIT is an IT services company providing full-service software and training solutions. NIIT specializes in IT consulting, net- centric software development, computer-based training and educational multimedia solutions. With U.S. operations headquartered in Atlanta, NIIT provides solutions in over 25 countries, with a network of over 800 offices and education centers. NIIT's rich experience with global corporations, its global resources and certified processes enable NIIT to meet its customers' time-to-market and budget expectations consistently. For more information, visit the NIIT Web site at niitusa.com . SOURCE NIIT Inc.

Copyright 1999, PR Newswire

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