In spite of coming hybrids like Visa's e-pay, existing payments networks will support most incremental electronic commercial activity, according to a BancAmerica Robertson Stephens report, "Electronic Payments, Commerce and On-line Financial Services." In addition, in spite of electronic commerce, actual payment is likely to run over separate networks, not the Internet, for security and regulatory reasons. Business- to-business transactions will drive technology spending, making EDI a growth and business opportunity.

The report adds that home banking, electronic bill pay and presentment initiatives will continue to shift consumer paper payments to electronic.

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