Tech Bytes: Checkfree Inks Crestar And Huntington Deals

Checkfree Corp. announced a five-year contract with Crestar Financial Corp. and a three-year contract with Huntington Bancshares to provide electronic bill payment and remittance processing services.

Crestar's contract is a renewal. Checkfree provides processing for bill payment transactions initiated with personal financial management software or via the World Wide Web. For Huntington, Checkfree will process bill payments made using personal financial management software such as Intuit Inc.'s Quicken or Microsoft Corp.'s Money. Huntington will continue to process bill payments made through its Web site.

Financial terms of the two contracts were not disclosed.

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