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


To: Roger Bass who wrote (12372)11/29/1999 1:00:00 AM
From: Max Singer  Read Replies (1) | Respond to of 20297
 
Roger, Thanks for the clarification. This means that when a consumer pays his monthly bills thru AOL/Intuit they will be paid by, and the responsibility for service will be carried by, several different companies that the consumer doesn't know about? Or AOL/Intuit will act as a middleman between the consumer and whoever does his work? Will this work well? (PS. Not challenging you; just trying to understand this complicated business.) Max Singer



To: Roger Bass who wrote (12372)11/29/1999 6:46:00 AM
From: micny  Read Replies (3) | Respond to of 20297
 
>>>> each presenter will also (typically) handle payment for bills they present

Roger, you did state things more simply; I was attempting to restate the rather convoluted release.

Does the above really mean that in an atypical situation a presenter will not handle payments for the bills it presents? In the atypical case who will handle the payments. I can see customer service becoming even more of a problem than if every presenter handles payments for the bills it presented.

It also is pretty clear that CheckFree does not have an exclusive payment processing agreement with Intuit, as it previously did.