User:Rupp thomas/sandbox

= TransPoint LLC = TransPoint was established in June 1997 as a joint venture of Microsoft Corp. and First Data Corp., with Citibank as a minority equity investor. TransPoint was a leader in the emerging electronic bill presentment and payment (EBPP) industry. Launched commercially in April 1999, the TransPoint service was designed to be a fast, easy way for consumers with Internet access to make all of their payments online from a single, secure Web site. TransPoint was based in Englewood, Colo. Citigroup Inc. 's Citibank later acquired a stake in TransPoint.

In February 2000, TransPoint was acquired by rival CheckFree Holdings Corp. in a $1bn stock swap (https://www.wsj.com/articles/SB95066625630836681).