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

To: D Mueller who wrote (8079)	10/16/1998 9:35:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 8545

>>>Frontier is not set up to receive electronic payments and this was another point that he was sour on. You should ask your friend why they don't connect electronically to CheckFree? In a way CheckFree causes "pain" on purpose, to encourage billers to hook up electronically. >>>One drawback he specifically mentioned about CKFR bill present was that it could not handle the dozens of pages of itemized calls that a business requires. Not true. CheckFree will point to the billers web site, where the biller is free to write all the html that they want. BellSouth is not a good example because they were the first cut at bill presentment. AT&T and MCI will be a much better examples of what billers can do. Benny(IMHO)

To: D Mueller who wrote (8079)	10/16/1998 9:46:00 AM
From: Gregg Soster	Respond to of 8545

Frontier does need to address their lack of electronic settlement with CheckFree. CheckFreee will gladly set them up as an electronic merchant, the problems they have experienced is usually the biggest carrot to make the switch. A rule of thumb for the CheckFree merchant sales force is once the merchant is receiving at least 2,000 payments per month from CheckFree, the sales force is all over them. This 2,000 number has probably dropped due to the growing number of merchants converting to electronic. The only "excuse" that I have heard that held any water from a merchant as to why they would not want to receive electronic payment was that they had "some work to do on their end", which is very minor stuff. Dumb but true... if they would only consider the faster more accurate settlement of the customers payment, the lack of human intervetion (errors) and ability to enable bill presentment later, none of them would still receive paper.