EL DORADO HILLS, CA -- (Marketwire) -- 09/18/08 -- MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that they have signed NetCarats as a client and will be providing the online retailer with its comprehensive suite of electronic check processing services through its partner, CardinalCommerce Corporation.
This agreement allows NetCarats customers to use their checking accounts as an additional form of online payment. MyECheck's patented software can debit every U.S. checking account, even accounts that ACH cannot debit; thus providing online merchants financial access to more consumers and businesses than any other payment method.
The mission of NetCarats is to provide their customers with superior service, premium quality and exceptional value. They believe it is their high quality standards and total commitment to bringing their customers the very best prices that sets them apart from other online diamond retailers. Please visit www.NetCarats.com for more information.
MyECheck is the first to market with this type of service in the multi-trillion dollar paper check image processing industry, while maintaining a leadership position as an online Check 21 processor. And, MyECheck is the best new technology for merchant processing that bypasses Automated Clearing House issues by allowing merchants to deposit funds without the usual waiting period needed by other processors.
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce. Cardinal Centinel® enables payment brands such as Verified by Visa, MasterCard® SecureCode(TM), PayPal(TM), eBillme(TM), Bill Me Later®, Google(TM) Checkout, MyECheck, NACHA® Secure Vault Payments (SVP), Ukash(TM), eLayaway(TM), Ebates(TM), and more to a network of over 30,000 merchants and merchant service providers. For more information, please visit www.cardinalcommerce.com
About MyECheck
MyECheck Inc. is a leading provider of comprehensive alternative payment solutions to credit cards for brick & mortar, internet, and intranet commerce. MyECheck utilizes a proprietary method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and convenient payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck's patented RCC solution provides merchants with financial access to more consumers than any other single payment method, allowing the fastest, safest and most convenient way to process electronic payments from customers.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission. |
