TransPoint says it will finally introduce its "Pay Anyone" service commercially on February 1. The Englewood, CO-based e-billing company has promised to deliver pay anyone-the electronic payment of bills not presented electronically-since late 1997, but TransPoint chief executive Lewis Levin says its release this month is certain.

An initial 750 billers in the 20 leading metropolitan areas nationwide will be capable of receiving electronic payments initiated by consumers on TransPoint's Web site and on the higher-profile site of its partial owner, Microsoft Corp. Citicorp's portal is slated as another distribution point later this quarter, as are another couple of banks, including Compass Bancshares Inc., Birmingham, AL.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.