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

To: Jon Stept who wrote (7868)	7/9/1999 12:33:00 PM
From: David H. Zimmer	Respond to of 20297

Just plugged on CNBC.

To: Jon Stept who wrote (7868)	7/9/1999 12:51:00 PM
From: Benny Baga	Read Replies (2) \| Respond to of 20297

Jon, >>> So, could the banks could do it for less then PayMyBills or would the banks have to do it at a loss? Yes. PayMyBills costs $9.95 per month. NetBank, Chase, Wingspan, and other offer free bill pay. Other banks that offer both bill presentment and payment range in price from Free to $6.95, depending on balance (i.e. Bank One, First Union, NFCU, Schwab, Prudential, etc.). In Summary, PayMyBills is very expensive compared to the Banks. >>>Also, you wrote, "MCI WorldCom realizes at least $1.00 in savings for every invoice that gets paid online". But we are talking about bill "presentment", not bill payment", It's the full circle that matters, what good is presentment without payment? Total cost is what matters to the billers. >>> I would not be surprised to see PayMyBills hook up with CheckFree, and then PayMyBills would realize and even greater cost savings as they would serve as a third party e-bill payment service. I would be surprised. (PMB)PayMyBills can not duplicate CheckFree's payment engine, But CheckFree could easily duplicate PMB operation (PMB even outsources the scanning of the bills). No advantage for CheckFree to work with PMB. The barriers to entry are low to duplicate PMB's operation, just look at cyberbills (same exact service, but only $8.95) or PayTrust (first 3 months Free). >>>PayMyBills has already trained their customer base for the exact same service that the bank would offer. You totally underestimate the difference between a "scanned" vs. a fully integrated, interactive E-Bill (where consumers can see new services, demos, talk to customer service, question a phone call on a particular bill, all with the just the click of a mouse). Not too mention billers will love the new interactivity with consumers for new services, etc. Benny(IMHO!!)