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To: Jon Stept who wrote (7877)7/9/1999 6:07:00 PM
From: Glenn Nelson  Read Replies (1) | Respond to of 20297
 
Capital One Visa is offering me bill pay - although the billers seemed limited to about 50, plus I could contact any other biller and ask them if they'd work thru Capital One. Not bloody likely that I'll do this footwork for them and have to pay them to boot! Nevertheless, I believe that a younger generation of bank customers is not so averse to paying fees and that programs such as these may gain more customers than we expect.

I recently had a startling experience with funds transfer. One day before credit card payment was due, I realized I had forgotten to mail it. Called the card company and told them I had just written a check, but not yet mailed it. No problem, she said, for $5 we can process this electronically. Fair enough. Then she asks for the check number?! Gave her the complete number (bank and account code) and a few seconds later she said it was done. My monthly check statement even showed me that check number 4455 had been processed, even though no such check existed! How do they do it?



To: Jon Stept who wrote (7877)7/12/1999 11:05:00 AM
From: Triffin  Read Replies (1) | Respond to of 20297
 
I agree most people would like to do it all from their bank... and to move all the billing
information I don't think would be very hard. According to BancOne's program, they
take care of it all.


EGRP/SCH/Fidelity are hoping you are going to do it (E-bill/pay)
through their 'wrap' accounts ..

Jim in CT ..