In Brief: Jones Advice Firm Picks CheckFree E-Billing

ATLANTA - Edward Jones, the St. Louis financial advice firm, said it would make electronic billing and payment services available to its five million investor customers through an agreement with CheckFree Corp., the leading provider of electronic billing services.

The service, CheckFree's WebPay 3.1, is to be offered as an add-on service to Edward Jones AccountLink, which offers online account access, proprietary research, and investment statements. CheckFree's service offers Edward Jones clients a money management tool that can consolidate monthly bills and investment accounts at a single Web site.

The new service lets customers make person-to-person payments and pay other bills from their computers. A CheckFree guarantee offers protection against unauthorized transactions or processing delays.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER