Saying that CheckFree “dominated” the market is an understatementin some ways CheckFree
was the market. A number of analysts hailed Electronic Bill Payment and Presentmentan
advanced form of bill payment where the bill was first presented electronically as the next
“Killer App” on the Internet, but by 2000, only 100,000 consumers signed up. While CheckFree
was in an enviable positionthe only company providing a comprehensive end-to-end payments