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To: AlienTech who wrote (31961)	3/8/2000 10:14:00 AM
From: AlienTech	Respond to of 43080

JESUS LOVES YOU! SEND ME MONEY!!! A growing number of companies are giving consumers the chance to log onto the Internet and find an e-mail saying the equivalent of ``You've got money.' Bank One, the fourth-largest U.S. bank holding company with assets of $256 billion, entered the emerging field today, formally announcing its eMoneyMail service. The Chicago-based banking corporation hopes to get the jump on other leading financial institutions in an area it says has huge potential -- not only for person-to-person payments but for companies sending rebates or refunds to their customers. '(E-mail payment) is the coming thing,' said Robert Sterling, financial services analyst for New York-based Jupiter Communications. ``It's important to get in on the ground floor.' With its product, Bank One enters a field dominated since its inception late last year by X.com Corp. and PayPal.com, which X.com is in the process of acquiring. The combined company, still called X.com, has made its mark helping buyers and sellers on sites such as eBay more easily complete their transactions. While many companies -- and even the U.S. government -- wire money back and forth on a regular basis, person-to-person electronic transactions are much more rare. Under eMoneyMail.com, anyone in the United States with a checking account or a Visa card can send or receive up to $500 in cash at a time. Here's how it works: The sender goes to www.emoneymail.com and chooses whether to pay by Visa credit card, Visa debit card or checking account. He then specifies an e-mail address for the receiver and the amount to be sent. The receiver gets an e-mail message that money has been sent, clicks on an attachment with a link to the eMoneyMail site and indicates which of four possible ways she wants to be paid -- the three cited above or paper check sent by surface mail. The sender pays a $1 fee for each transaction; the receiver pays $1 only if a check is requested. The money would become available the next business day at the earliest, Bank One officials said. But they said research indicates consumers won't use it mainly to get cash, instead using it as a secure, convenient way to make payments to others. www5.mercurycenter.com