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


To: Brian K Crawford who wrote (4513)5/24/1998 12:13:00 PM
From: g_m10  Respond to of 8545
 
CFprovides the software, but not the actual service...the banks
provide the service (access to the ACH system) to their
commercial accounts


According to other sources, CKFR does process transactions.
"There are 6 billion ACH payments made each year, and NACHA
estimates that 8 billion will be made in the year 2000. Currently,
more than two-thirds of all ACH transactions are processed
through CheckFree's ACH Alliance"
my.excite.com