SI
SI
discoversearch

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.
Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (2177)3/2/1998 11:18:00 AM
From: Benny Baga  Read Replies (2) | Respond to of 8545
 
Thanks!



To: AugustWest who wrote (2177)3/2/1998 12:08:00 PM
From: Benny Baga  Read Replies (2) | Respond to of 8545
 
>>>Billers are charged for software to generate the electronic bills and post them to the banks.

This is what Pete was talking about when he said billers will have to put up 100% of the cost. CheckFree's System is more functional and can adapt to the billers current data format. So basically Billers will have to convert all of the billing data before they send it to MSFDC (this can be messy, especially if the biller screws up the format,) Even Craft agrees:"This transition will be the messiest part of the MSFDC system"

..So in conclusion, While MSFDC is advertising 'Free' to banks, they are just Charging (passing the buck) the Billers more. IMHO.

Benny