EL DORADO HILLS, CA -- (Marketwire) -- 11/18/08 -- MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it has signed an agreement with a Fortune 500 Real Estate Company and will be providing the Company with its comprehensive suite of electronic check processing services.
This agreement allows the Fortune 500 Real Estate Company's customers to use their checking accounts as a form of online payment. MyECheck's patented system can clear checks from every U.S. checking account, even accounts that ACH cannot; thus providing online financial access to more consumers and businesses than any other payment method, at a fraction of the cost of card transactions.
An 8K has been filed that details the nature of the transaction, which is available on the company's website.
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. |
