CLEARINGHOUSES FIND LAG IN QUICK-PAY USE

SAN ANTONIO -- Acceptance of the quick-pay system for electronic coupon processing has proceeded much more slowly than expected, admitted officials of three clearinghouses offering the program.The quick-pay program, in which retailers are reimbursed more swiftly for coupons redeemed at their stores, had been heralded as one possible and readily achievable way to creating a more efficient coupon clearing

SAN ANTONIO -- Acceptance of the quick-pay system for electronic coupon processing has proceeded much more slowly than expected, admitted officials of three clearinghouses offering the program.

The quick-pay program, in which retailers are reimbursed more swiftly for coupons redeemed at their stores, had been heralded as one possible and readily achievable way to creating a more efficient coupon clearing system.

Among the retailers participating in quick-pay programs today are

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