Checkfree Corp. and Compuserve Inc. announced that by the end of this month they will offer a service enabling consumers to make purchases on- line.

The on-line service provider, a unit of H&R Block Corp., has licensed Checkfree's electronic payments software, called the Wallet. Compuserve will combine its own network browsing capabilities with this front-end software so that consumers can shop and buy at on-line merchants. Checkfree will process all the payments.

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