Jul 22, 2008 (New World Publishing via COMTEX News Network) --
Europe's largest provider of cable television, telephone and broadband content, UPC, wanted to switch from paper invoices to electronic bill payment. In April, it has joined Dijnet Zrt's electronic bill presentment and payment system. Therefore, the company has imposed a gross amount of Ft 96 price on paper cheques from 1 July, in order to inspire its subscribers to use the more comfortable and flexible way of electronic bill payment. But due to feedbacks from clients, and negotiations with consumer protection authorities, UPC has withdrawn its former decision. The stipulation of the compulsory payment of Ft 96 in case of using paper cheques was also ruled out from the General Contract Terms and Conditions, and is abolished from the next billing cycle, which starts at 1st August. UPC has justified its decision by the fact that many of their subscribers still find it too difficult to pay electronically. According to UPC, Hungary is not ready for electronic bill payment yet. (Gazdasagi Radio)
     Hungary A.M.

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