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DOWNTOWN - PNC Bank Corp. and Dallas-based information technology firm Perot Systems Corp. have formed BillingZone, a joint venture designed to allow business clients to more efficiently pay bills electronically.
PNC and Perot Systems each hold 50 percent stakes in the venture, which they began working on last September.
Until now, electronic bill presentation and payment required payers to move from one biller site to the next in order to pay the bills online.
BillingZone is developing a digital marketplace that will group billers...