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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Ron S who wrote (162)	11/18/1998 9:59:00 AM
From: Brooks Jackson	Read Replies (3) \| Respond to of 20297

Minor news -- but good: HomeSide Lending Offers Electronic Bill Presentment and Payment Service Powered by CheckFree ATLANTA, Nov. 18 /PRNewswire/ -- Through an agreement with CheckFree (Nasdaq: CKFR), Jacksonville, Fla.-based HomeSide Lending now makes it easier for its 1.4 million customers to receive and pay their monthly mortgage bill using their personal computer. HomeSide Lending recently began marketing its new E-Bill Payment Services to its customers through quarterly mortgage statements and the company's Web site, and plans to continue an aggressive campaign during the next three months. "We're already receiving a very positive response to this new service," said Megan Fannin, first vice president of HomeSide Lending. "Within just a few weeks, we have seen a dramatic increase in the number of customers indicating they would like to begin receiving and paying their bills electronically, and we expect the number of new enrollments to continue to grow." Powered by the CheckFree E-Bill(sm) service, HomeSide Lending customers are now able to receive an electronic version of their monthly bill, complete with color graphics, logos and full-billing detail, on their personal computer. Customers simply click to approve the bill for payment, and the amount of the bill is deducted electronically from their designated bank account. HomeSide Lending E-Bill Payment Services customers can also save past bills on their computer or print them for future reference. HomeSide Lending customers can enroll to receive and pay their monthly mortgage statement by visiting the CheckFree E-Bill Web site at mybills.com. A link to the site is also available through HomeSide Lending's Web site at www.homeloan.com. "HomeSide Lending is one of a growing number of companies that are making it easier for their customers to receive and pay bills," said Matt Lewis, senior vice president of Electronic Commerce Product Management and Marketing for CheckFree. "E-Bill is more convenient to use than paper, and it makes the HomeSide brand more valuable to their customers." The ability to view and pay bills over the Internet allows consumers to manage personal finances with their home computer. CheckFree E-Bill enables the consumer to go to one Web site, receive and pay multiple bills without the cost of postage, and eliminate the hassle of check writing. Companies currently offering electronic bills to their customers through contracts with CheckFree include many of the nation's larger billers and the nation's largest statement processor. Combined, these companies represent the potential for more than 400 million electronic transactions per month. Recent CheckFree E-Bill agreements include AT&T, Bank One, Intuit's Quicken.com, Public Service Company of New Mexico, Southern California Edison and Washington Water Power. About HomeSide Lending HomeSide Lending Inc., is one of the world's largest full-service residential mortgage banking companies. Headquartered in Jacksonville, Fla., HomeSide originates or purchases home loans in all 50 states and has a servicing portfolio of approximately $115 billion, representing more than 1.4 million homeowners. About CheckFree Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corporation, is the leading provider of electronic commerce services, software and related products for more than 2.5 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure transactions on the Internet. CheckFree introduced the nation's first live, market-tested system for electronic bill presentment and payment in March 1997, after completing a successful two-year pilot program. CheckFree E-Bill is the only fully integrated, end-to-end system for electronic presentment, payment and tracking of richly formatted bills over the Internet. CheckFree E-Bill uses existing payment systems and allows consumers to access and pay their bills through the Web site of their choice. A demo of CheckFree E-Bill is available at the CheckFree Web site. For corporate sales information, call 1-800-532-9696. SOURCE CheckFree Corporation CO: CheckFree Corporation; HomeSide Lending Inc. ST: Georgia, Florida IN: FIN CPR SU: 11/18/98 09:47 EST prnewswire.com