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July 16, 1999 5:20 PM PDT

Short Take: Online service converts paper bills

Start-up CyberBills has launched a new site called StatusFactory.com, designed as a "billing portal" where consumers can review and pay all their bills electronically. CyberBills converts paper bills into digital form for subscribers, who pay an average of $8.95 a month. Community site Xoom is promoting the billing offering with three months of free service.

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