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To: Rob C. who wrote (17758)3/19/2001 9:06:27 AM
From: AugustWest  Read Replies (2) | Respond to of 20297
 
Customers Take Charge of Their Lowe's Credit Card Bills Online

Lowe's and CheckFree i-Solutions Deliver the Ease and Convenience Of
Electronic Billing and Payment to Lowe's Credit Card Customers

WILKESBORO, N.C., March 19 /PRNewswire/ --
Lowe's Home Improvement Warehouse (NYSE: LOW) announced today that Lowe's
credit card holders will be able to receive and pay their bills online,
effective immediately.
(Photo: newscom.com )
Through a relationship with CheckFree i-Solutions (Nasdaq: CKFR), the
leading provider of interactive e-billing and e-statement applications, Lowe's
six million credit card holders can view and pay their Lowe's credit card
bills at their choice of nearly 275 financial services sites and Internet
portals.
To begin managing their accounts online, Lowe's customers can start at the
lowes.com home page then click, Save Some Time. At this page, Lowe's
customers can learn more about the benefits of electronic billing and payment
and where to enroll. Once the Lowe's customer decides where they want to pay
their bill, they can review their bill detail and approve their payment with
the specified payment amount deducted electronically from their designated
bank, credit union or brokerage account in a matter of minutes.
"Online account management is an important way we are adding convenience
for our customers through lowes.com," said Matt Deeter, vice-president of
Lowe's Internet business group. "In addition to shopping for close to 10,000
products on our enhanced site, a consumer can view and pay their credit card
bill from their choice of financial services and Internet portal sites."
"National retailers such as Lowe's understand the value of building
relationships online with electronic billing and payment services as an
integral part of their Internet initiative," said Tom Stampiglia, president of
CheckFree Software Division. "Lowe's credit card customers will experience
the convenience of paying their Lowe's credit card bills and other accounts
electronically to save time every month, thereby freeing up more time for
things they would rather be doing, such as home improvement."
In November, Lowe's re-launched lowes.com, adding an e-commerce component
to the site. The new site, which continues to give advice to the
do-it-yourselfer through its nearly 1,000-project how-to library, made
available for purchase more than 3,000 major appliances and 8,000 tools. More
products will be added in the coming months. Customers may have their items
shipped to them from Lowe's stores or warehouses, or may choose to pick up
their orders from a convenient Lowe's Home Improvement Warehouse store.
Lowes.com also rolled out a full complement of e-Customer Service options for
its customers, which now also includes online credit card account management.

About CheckFree
CheckFree (http://www.checkfree.com ), is the leading provider of
financial electronic commerce services and products. Founded in 1981 and
celebrating its 20th year in e-commerce, CheckFree launched the first fully
integrated electronic billing and payment solution in March of 1997. Today,
CheckFree services enable 4.4 million consumers to receive and pay bills over
the Internet or electronically. The Company has multi-year contracts with 222
of the nation's top billers to provide online billing and payment through its
network of partnerships with nearly 275 financial services organizations,
including banks, brokerage firms, Internet portals and content sites, and
personal financial management (PFM) software. CheckFree i-Solutions is the
leading provider of interactive e-billing and e-statement software and
services that enable companies to transform bills and statements into
interactive conduits for customer relationship management, marketing and
customer self service.

About Lowe's
With 2000 sales of $18.8 billion, Lowe's Companies, Inc. is the world's
second largest home improvement retailer. Headquartered in Wilkesboro, N.C.,
Lowe's is the 15th largest retailer in the U.S. as well as the 34th largest
retailer worldwide. Lowe's and its 100,000 employees are Improving Home
Improvement for nearly five million do-it-yourself retail and commercial
business customers each week at more than 600 stores in 40 states. For more
information, visit or shop lowes.com.

SOURCE Lowe's Companies, Inc.
-0- 03/19/2001
/CONTACT: David Fontaine of CheckFree, 678-375-1682, or
dfontaine@checkfree.com /
/Photo: NewsCom: newscom.com
AP Archive: photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467/
/Web site: checkfree.com /
/Web site: lowes.com /
(LOW CKFR)

CO: Lowe's Companies, Inc.; CheckFree
ST: North Carolina
IN: REA MLM ECM
SU: PDT


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