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From: ix21@sdccs6.UUCP
Newsgroups: net.consumers
Subject: Re: Sears "QuickPay" Bill-Paying Service
Message-ID: <1605@sdccs6.UUCP>
Date: Sun, 8-Jul-84 07:27:06 EDT
Article-I.D.: sdccs6.1605
Posted: Sun Jul  8 07:27:06 1984
Date-Received: Wed, 11-Jul-84 02:39:52 EDT
References: <143@mtxinu.UUCP>
Organization: UCSD Medical School
Lines: 25

There have been several postings comparing Sears "QuickPay" service
with the similar services offerer by banks.  I would like to point
out some advantages that the Sears service has that the banks don't.

The first is that Sears allows you to pay bills to anyone you might
owe or would like to pay money to, landlords, friends, another bank
account.  All the other programs have a list of merchants that 
have agreed to accept electronic bill payments.  Sears will mail a
check to anyone you wish as long you agree to make at least two
payments to that person or organization.

Other programs deduct the money for the bill payment immediately;
Sears waits two days after the payment and then charges your
checking account for the payment.  Sears also charges you for all
the payments for a given day in one charge, so that your bank only
charges you for one transaction if they charge you per transaction.

Personally at the current time I don't use any bill paying service.
All my banks and utilities are within walking distance or have drop
boxes within walking distance of where I lived, but I find it funny
that the bank whose bill paying service I formerly used, First
Interstate Bank, gave me more trouble than Sears ever did, and there
was another posting today saying that FIB is probably more error
free than Sears.