Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : BANK ONE -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (427)	9/14/2000 4:35:43 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 466

New WingspanBank Feature Allows Customers to Conduct Person to Person Transactions BusinessWire, 09/14/2000 05:36 WILMINGTON, Del.--(BUSINESS WIRE)--Sept. 14, 2000--Today, WingspanBank.com offers a person-to-person payment system that combines the benefits of checking accounts, credit and debit cards and e-mail all in one. eMoneyMailSM powered by WingspanBank.com is the country's most secure and flexible way for consumers to send and receive money via the Internet. In March, Bank One, the parent company of WingspanBank.com, successfully launched eMoneyMail. Now, WingspanBank.com is able to leverage and capitalize on the strength and success of the existing product to offer a similar service to its customers, free of charge. To use eMoneyMail, all customers need is a Visa(R) credit card, a Visa(R) debit card or a checking account (with WingspanBank.com or any U.S. bank), and an e-mail address. With eMoneyMail, consumers don't have to open a different account and transfer funds into a new location. Consumers can keep their money in their existing interest-bearing checking account or use a credit card to withdraw the money at the time they wish to make the transaction. "eMoneyMail meets the needs of anyone, anywhere who needs to send or receive cash," said Michael Cleary, president of WingspanBank.com. "Through a person-to-person transaction, consumers can send and receive money at a high-speed that emulates today's fast paced communication." Consumers do not have to open an account with WingspanBank.com to use eMoneyMail. However, WingspanBank customers are not charged to make a transaction (for non-customers, convenience fees and transaction limits will apply). Funds sent using a Visa credit card or debit card are available for use by receivers immediately and funds sent from a checking account will "clear" within three to four business days. 1-2-3 and Presto! Sending eMoneyMail, is as easy as 1-2-3: 1. Send money - the sender visits www.WingspanBank.com to specify who they want to send money to, the method of payment and the amount they would like to send 2. You've got eMoneyMail - the recipient gets an e-mail that indicates that money has been sent and asks them to select a method of receipt 3. Money is transferred - the sender receives notification that the transfer has occurred eMoneyMail is the only online money transfer service powered by a national financial services company using 128-bit encryption security, the highest commercially available Internet security standard. It is estimated that half of American households have a computer and according to survey data released by the Pew Research Center for the People and the Press, one-in-three American adults use e-mail. Forrester Research estimates that by 2001 approximately 135 million people will communicate by e-mail. And e-mail users have grown accustomed to sending attachments such as documents, scanned newspaper clippings and photos. Now, consumers can combine this widely accepted method of communication with financial transactions to send money via the Internet. WingspanBank.com anticipates a wide and ever-increasing number of uses for eMoneyMail, including sending money to college students, recognizing birthdays and graduations, paying online auction bids, thus eliminating the need for checkbooks, envelopes and stamps for sending money. "WingspanBank.com continually evolves to stay abreast of banking industry trends that will meet the needs of our customers," said Cleary. "We constantly work to expand our products offerings to enhance customer's banking experiences and help them meet their financial needs." WingspanBank.com, a division of First USA Bank, N.A., a subsidiary of Bank One Corporation (NYSE:ONE), provides consumers with a wide range of financial products and services at one website including traditional banking, planning services, investments and objective search tools. WingspanBank.com has quickly become a customer favorite and industry leader in the rapidly evolving online banking and financial services business. WingspanBank.com has received many industry accolades including a Five Star Rating from Kiplinger's Personal Finance* and was rated Best Internet-only Bank in North America from the Lafferty Group. For all your financial needs, including checking, online bill pay and credit cards, WingspanBank.com. The Bank That Saves You Time Makes You MoneySM. Visit our consumer site at www.WingspanBank.com and our online press site at www.NewsAtWingspanBank.com. *Reprinted by permission from the June issue of Kiplinger's Personal Finance Advisor. Copyright 2000 The Kiplinger Washington Editors, Inc. www.NewsAtWingspanBank.com CONTACT: Susan Masten