With the guarantee service the authorized checksthat bounce are reimbursed to MyECheck merchants in full within 14 days.
Alternative to credit cards
Checks continue to be the number one non-cash payment method in the US withthe value of checks processed annually around one hundred trillion dollars.Up to 50% of adults either have no credit card or have no available crediton their cards, meaning that as many as 80 Million US adults have noability to buy online at the many websites that only accept credit cards.Many online merchants are dissatisfied with credit card and ACH solutions,and many online industries such as travel and brokerage have no checksolution at all.
MyECheck can debit every US checking account, even accounts that ACH cannotdebit. Such accounts include accounts at many Credit Unions, S&Ls, smallbanks, brokerage accounts, business accounts and credit card checkaccounts. In fact, MyECheck provides its clients with access to morecustomers than any other single payment method.
Ed Starrs, CEO of MyECheck, commented, "Our solution provides merchantswith a broader reach at a better rate than our competitors. Today,MyECheck is a leader in Check 21 solutions offering the most comprehensivesuite of electronic check processing services in the industry. Please comeby and visit us at the IRCE next week at booth 144."
Please visit www.myecheck.com for more information
Forward-looking statements in this release are made pursuant to the "safeharbor" provisions of the Private Securities Litigation Reform Act of 1995.Investors are cautioned that such forward-looking statements involve risksand uncertainties, including, without limitation, continued acceptance ofmentioned products, increased levels of competition, new products andtechnological changes, dependence upon third-party suppliers, intellectualproperty rights, and other risks detailed from time to time in reportsfiled with the Securities and Exchange Commission.
Investor Relations:
Patrick Lowry
(916) 932-0089
Email Contact
www.myecheckcorporate.com