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

To: 007 who wrote (2464)	2/9/1999 7:57:00 PM
From: Gregg Soster	Respond to of 20297

SOURCE: Paymentech, Inc. Wireless and Telecom Companies Increase Automation of Customer Billing With Recurring Payments Makes me feel old,, that is what I sold for CheckFree serveral years ago! For those that don't know that was CKFR's original business, recurring payments for health club. They decided to branch into other industries in 1984 when they began processing for a small company in Columbus, OH named CompuServe... of course CKFR sold that credit card processing business years later to Paymentech... Gregg

To: 007 who wrote (2464)	2/9/1999 8:30:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

MasterCard research shows that 34% of surveyed consumers would favor paying bills by recurring payment. Barry Duncan, vice president and controller for PageNet, headquartered in Dallas, said, ''Our customers find recurring payment convenient and easy. There are no checks to write, stamps to buy or statements to return. The benefit to our customers complements the advantages to PageNet, which includes faster payment.'' And the other 66% aren't up for it why? Budgets come to mind first off...and that syndrome of "too much month, not enough money". Lot's a folks struggle with their income flow and bills. Therefore, recurring payment is not the answer for the masses...that why they still have checkbooks so then can juggle the finances. Recurring payment isn't e-bill, because it isn't an electronic representation of a checkbook. It's a fixed payment to a vendor without consumer control over cash flow being rejected by 66% of consumers...currently. ie..don't confuse recurring payment with e-bill, one the consumer can't readily control, the other he can.