Bacs, the UK electronic clearing house, has urged customers to stop delivering transaction information on magnetic media and switch to online telecommunications links instead.
A promotion has been set up with BT, which will waive the #60 connection fee if customers sign up with Bacs' Dialplus dial-up service. Bacs is targeting around 5,000 of its 7,000 customers, which currently submit payment information on magnetic media.
Kevin Hart, relationship manager at Bacs, said: ?By switching it would save customers time in having to prepare tapes, package and courier them.?
Many of the targeted customers are small and medium-sized businesses that still rely on magnetic tape and disks. Bacs will no longer accept such media after 1998 and aims to convert its customers to the online system over the next year.
Customers will need to buy connection software, which could cost #200, and pay a subscription fee to Dialplus. No changes to the customer?s hardware installation are necessary, said Hart.
Dialplus is offered as an alternative to expensive dedicated leased lines. It has access speeds of 2.4Kbps, 9Kbps and 14.4Kbps, with 28.8Kbps links available in early 1997.
It automatically connects to Bacs? online service, Bacstel, which is already used by 38,000 of the company's 45,000 customers.
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