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

To: TQR who wrote (5505)	5/17/1999 9:59:00 AM
From: Harp	Respond to of 20297

Saw this in the Washington Post -- I'm not sure if CKFR is involved with these guys or not. The Check Is In the E-Mail Add Pepco to the list of companies taking its billing online. The power utility began the service at www.pepco.com at the beginning of April. It lets customers check their bills and authorize direct payments from their bank accounts. In the first month 526 customers used it; in the first two weeks of May, an additional 380 customers have signed on. Kristi Bleakley of Pepco's customer services development department said the industry studies conclude that about 4 percent of utility company customers will be paying bills online after two years. Bleakley said the site attracted more customers in the first month than anticipated. "We're kind of watching the industry to see where it goes," she said. According to Bleakley, the site has had better than 98 percent reliability so far. "Obviously on a per payment basis, it's a lot easier and a lot less expensive to process [payments] than on a manual basis," she said, but Pepco has not estimated what the savings to the company will be. © Copyright 1999 The Washington Post Company