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Bank of America to Compete in Bill Payment Market

By Jim Bruene on March 6, 1999 3:17 PM | Comments (0)
Bank of America

Chris Callero, Group EVP
Jane Wallace, EVP
425 First. St.
San Francisco, CA 94105
(415) 622-3456
www.bankamerica.com

Electronic Bill Pay Volume: 800,000 per month

Status Report: On April 13, the company announced its intention to compete in the bill payment and presentment market; with 2 million business clients including 80% of
the Fortune 1000, 30 million retail customers, and one million online banking users, the company will be
a formidable competitor to Checkfree and Transpoint/Citibank.

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