51.   The banks hope businesses and consumers will someday throw away their checkbooks in favor of electronic payments because paper checks are expensive and cumbersome to process.

52.   The average price of an electronic payment is less than two cents.

53.   The bank must also allow other smaller banks and institutions access to its electronic payment system in Victoria state for three years.

54.   The contract is part of a drive by states to cut costs by replacing assistance checks and paper food stamps with electronic payments.

55.   The company hopes to win a lucrative cut of the electronic payment business as it puts its new Visa Cash cards to the test.

56.   The end of taxation, because electronic payments will be untraceable.

57.   The Electronic Funds Transfer Association, an electronic payments trade group, said that usage fees do not prohibit competition between big and small banks.

58.   The electronic payment platform has not crashed, said CheckFree spokeswoman Laurinda Wilson.

59.   The electronic payment system is designed to eliminate paperwork.

60.   The government is seeking to convert as many checks into electronic payments as possible to cut costs and processing time.