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To: Benny Baga who wrote (4570)4/14/1999 9:14:00 AM
From: Harry Franks  Respond to of 20297
 
Another article on the BoA Bill Payment Pilot. This one from the Online Wall Streat Journal.

BankAmerica to Start Program To Deliver Bills Over the Internet
By a WALL STREET JOURNAL Staff Reporter


CHARLOTTE, N.C. -- BankAmerica Corp., seeking a head start in the race to offer the fledgling service of electronic "bill delivery" to bank customers, is expected to announce a pilot online-bill program Wednesday.

The pilot program should involve more than 1,000 bank employees in California over the next several months, said Chris Callero, the group executive vice president who is heading up the bank's bill-delivery efforts.

The program will allow the employees to view and pay their Bank of America credit-card bills online, without receiving a paper bill in the mail.

By year end, the bank plans to launch a larger bill-delivery program to its consumer and business customers involving several billers, such as credit-card companies and utilities.

The bank already offers electronic bill payment, through which customers type out checks on a computer and BankAmerica sends the appropriate payments, to more than one million customers, a bank spokesman said. Currently, though, customers still must open paper bills.

A few banks, along with software concern Intuit Inc., through its popular Quicken personal-finance software, already allow customers to view and pay a limited number of bills online. But analysts expect the industry to grow significantly as more banks, Web portal sites and possibly online-brokerage firms start offering the service.