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To: Benny Baga who wrote (4245)4/5/1999 2:16:00 PM
From: jjbucci  Read Replies (1) | Respond to of 20297
 
Benny

>> Any thoughts on TP's latest delays? <<

Even if I knew something...and I don't.

I still would be unable to share it because of a NDA.

I hope you understand.

jjbucci



To: Benny Baga who wrote (4245)7/2/1999 8:21:00 AM
From: AugustWest  Read Replies (1) | Respond to of 20297
 
>>The only problem with their model is that how are they going to make money,

Their gonna charge their customers almost twice what ckfr charges their subscribers. Yeah, that's what I want to do, pay someone $8 a month for a service that ain't close to proven.

Paytrust Intros Online Bill Payment With All US Banks
July 2, 1999

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PRINCETON, NEW JERSEY, U.S.A.: Secure Commerce Services (SCS) has launched an online billpayment system that it says will work with any bank account and billing company in the US.

Known as Paytrust, the service is available on a three-month trial to Internet users, who access the facility across the Web. Monthly charges from month four are then $7.95.

Paytrust says it has arrangements with many utility firms, for example, for them to submit their bills electronically through the service. For other firms doing billing, the firm accepts the bills at its processing center, where they are scanned in online.

This allows Paytrust to present the user with an online list of their bills. Bills are then settled online, with monies debited from the user's checking or other bank account.

It is also possible for the Paytrust service to automatically process bills from utility and selected companies, on behalf of the user, subject to certain parameters being satisfied.

For example, the firm says, the service can be programmed to pay a utility bill two days before it is due, provided it is under, say $35, and from the usual utility company.

The idea behind Paytrust is to deliver all of a consumers' bills to a single, secure Web site and direct payments from users' pre-existing checking accounts

Edwards G McLaughlin, SCS' chief executive officer (CEO), said that the Paytrust service may be the most useful and compelling e-convenience since the introduction of e-mail.

"By streamlining the bill payment process for consumers, we're effectively saving them valuable time they can spend on other activities," he said.

Using the service, SCS says that subscribers can choose to pay the bill then or review it later, and receive e-mail reminders whenever bills are soon due.

The firm says that bill data can be easily integrated with leading personal financial management software such as Quicken and Microsoft Money, so allowing consumers to merge bill payment records with the rest of their financial information.

Paytrust's Web site is at paytrust.com .