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

To: Brooks Jackson who wrote (4079)	3/30/1999 9:21:00 AM
From: Gregg Soster	Read Replies (1) \| Respond to of 20297

I have noticed (banking via Quicken and Citibank) that some merchants I could pay in 2 days now require 4. I can only speculate but I imagine with the consolidation of the different payment engines, (Columbus, Austin, Chicago) i.e. Genesis; that payment times for some merchants has changed, not always for the better at least in the short term. Secondly, if the merchant changed lockbox locations ( a common enough occurrence) that payment timings may change until CKFR and the merchant sort things out again. that 2-day lead times would become more common, rather than less. Are you basing the 2 day window on when you receive the debit or when the merchant posts the credit? See where I'm headed? The bank may have changed their processing relationship with CKFR to "good funds" (see previous posts) from "risk-based". That would move your debit date up considerably. Of course, the merchant should then be able to post sooner since the funds arrive from CKFR electronically but maybe the merchant is: 1. a interest earning merchant who enjoys not posting you too quickly... 2. Inefficient 3. not utilzing all the benefits of an electronic relationship with CKFR yet. Gregg