1
                                                                      Exhibit 24

                                POWER OF ATTORNEY

         Each director and/or officer of CheckFree Holdings Corporation (the
"Corporation") whose signature appears below hereby appoints Peter J. Kight,
Mark A. Johnson, and Curtis A. Loveland as the undersigned's attorneys or any of
them individually as the undersigned's attorney, to sign, in the undersigned's
name and behalf and in any and all capacities stated below, and to cause to be
filed with the Securities and Exchange Commission (the "Commission"), the
Corporation's Annual Report on Form 10-K (the "Form 10-K") for the fiscal year
ended June 30, 1998, and likewise to sign and file with the Commission any and
all amendments to the Form 10-K, and the Corporation hereby also appoints such
persons as its attorneys-in-fact and each of them as its attorney-in-fact with
like authority to sign and file the Form 10-K and any amendments thereto
granting to each such attorney-in-fact full power of substitution and
revocation, and hereby ratifying all that any such attorney-in-fact or the
undersigned's substitute may do by virtue hereof.

         IN WITNESS WHEREOF, we have hereunto set our hands this 31th day of
August, 1998.

Signature                               Title


/s/  Peter J. Kight                    Chairman of the Board of Directors, 
- - ------------------------------         President, and Chief Executive Officer
     Peter J. Kight                    


 /s/ Mark A. Johnson                   Vice Chairman, Corporate Development and
- - ------------------------------         Marketing, Director
     Mark A. Johnson                    


/s/  Allen L. Shulman                  Executive Vice President, Chief 
- - ------------------------------         Financial Officer and General Counsel
     Allen L. Shulman                   


/s/  Gary A. Luoma, Jr.                Vice President, Chief Accounting Officer
- - ------------------------------         and Assistant Secretary
     Gary A. Luoma, Jr.                 


/s/  William P. Boardman               Director
- - ------------------------------
     William P. Boardman


/s/  George R. Manser                  Director
- - ------------------------------
     George R. Manser


 /s/ Eugene F. Quinn                   Director
- - ------------------------------
     Eugene F. Quinn


/s/  Jeffrey M. Wilkins                Director
- - ------------------------------
     Jeffrey M. Wilkins