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

To: chirodoc who wrote (261)	11/25/1998 8:21:00 AM
From: Benny Baga	Read Replies (2) \| Respond to of 20297

>>>what do you think ckfr can do to make it a more lucrative option for them? Allow consumers to view and pay bills at non-bank locations (Yahoo, AOL, E*Trade, Schwab, etc.). Banks shouldn't worry about bill pay being lucrative, they should worry about keeping their current customers. If they don't offer bill pay, everyone else will. On the lighter side, once Volume increase, electronic connections increase (i.e. Visa, etc.), Genesis conversion is complete, CheckFree will be able to pass lower costs on to the banks. Benny(IMHO)

To: chirodoc who wrote (261)	11/30/1998 9:51:00 AM
From: BitWizrd	Read Replies (2) \| Respond to of 20297

Benny is absolutely right. EBPP is not a revenue generator for the banks. It is based on the same model as online banking. It actually duplicates infrastructure (in the beginning, anyway) and as such must almost always create losses for banks. But, it is a great tool for retention, and gives a value added service for them to offer new account holders. Once you've hooked new and old customers with offerings like EBPP, you can charge them exorbitant fees on other, more traditional banking services. Note that retail banking is generally a tough way to make a buck in the first place. The profit centers for the banks are in the sale of financial products. I think this is why banks are so slow to adopt in the first place - retail banking is a loser. IIRC, banks were in some kind of hurry four years back to get the regulative go-ahead to sell insurance. Bit.