CheckFree had successfully managed to navigate some early pitfalls, aligning strategically with
major players such as Microsoft, First Data, and Bank of America to broaden its EBPP capability
and customer base. However, it continued to face new challenges as EBPP matured, customer
needs changed, banks formed competitive consortiums, and new players entered the electronic
payments market.
CheckFree had successfully managed to navigate some early pitfalls, aligning strategically with
major players such as Microsoft, First Data, and Bank of America to broaden its EBPP capability
and customer base. However, it continued to face new challenges as EBPP matured, customer
needs changed, banks formed competitive consortiums, and new players entered the electronic
payments market.
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