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

To: Sam Biller who wrote (9761)	9/8/1999 7:18:00 AM
From: micny	Respond to of 20297

Sam, WSJ article: Yahoo, CheckFree to Launch Web Bill-Payment Service By a WALL STREET JOURNAL Staff Reporter SANTA CLARA, Calif. -- Yahoo! Inc. will launch its long-expected bill-payment service Wednesday, through a deal with CheckFree Holdings Corp. Dodge's E-conomy: Bill-Paying Via the Internet Offers Wins for All (Except the Postman) (March 16) Company Profile: Yahoo The service, called Bill Pay, will allow users of the popular Web portal to electronically pay any biller in the U.S., including individuals such as landlords. Those billers who aren't able to accept electronic payments will be mailed a paper check by CheckFree, of Norcross, Ga., which will run the co-branded service for Yahoo. Yahoo is offering the service free for three months, after which customers can either pay a $2 a month fee with a 40-cent-per-payment charge, or $7 for 25 payments and 40 cents a payment after that. Join the Discussion: Can online banking fully replace traditional bank services? Bill payment and presentment online is expected to become a big -- and highly competitive -- business as banks, Internet companies and others offer to deliver electronic bills to consumers and businesses. Recently, a trio of big banks -- Chase Manhattan Corp., First Union Corp. and Wells Fargo & Co. -- formed a venture to create a billing service for their customers to combat those such as Yahoo's. Other companies vying to capture a piece of the fledgling market include Microsoft Corp., which has formed its own billing system -- called TransPoint -- with several partners.