Remote Deposit - Alternative Payment Processor - MyECheck Corporate (MYEC.OB NASD OTCBB)

RDC Image Services

For banks, point of sale and corporate back office imaging.

MyECheck provides complete turn-key Check 21 solutions that enable merchants, corporations and banks to remit Check 21 items. Check image processing will eliminate your paper check transportation, reduce your handling and administrative costs, speed clearing by an average of 2+ days and improve your cash float. MyECheck has certified a number of check imagers for use with its solution and is an authorized reseller of DigitalCheck™ imaging equipment.

Check Image

Benefits Summary

MyECheck = Paper Check = Safer

MyECheck created items, electronic RCCs are governed by Check 21 law and Uniform Commercial Code (UCC state law). These laws are much more favorable to the recipient, you, than are the laws governing ACH transactions – particularly with respect to charge-backs.

MyECheck has Broader Reach

MyECheck can debit every US checking account, even accounts that ACH cannot debit. Such accounts include accounts at many Credit Unions, S&Ls, small banks, brokerage accounts, business accounts and credit card check accounts.

In fact, MyECheck provides you with access to more customers than any other single payment method.

MyECheck Provides Faster Clearing and Availability. MyECheck items are created, file formatted and submitted directly into the banking system for fastest possible clearing. Providing your bank with expedited availability.

With faster clearing and availability, risk is reduced, cash flow is improved, and services can be provided sooner with greater confidence.

MyECheck Offers Value Added Services

•	Financial Verification Services Prior to authorizing a transaction, MyECheck can verify the status of the customer’s bank account and determine if the customer is a recent check bouncer.
•	Identity Validation Services MyECheck offers 3 levels of identity verification including a high assurance ID validation.
•	Collections and Guarantee Fully integrated collections at no additional charge, with payment guarantee available.
•	Guaranteed International Payments Non-reputable 2-3 day bank funds collection in over 50 countries and provides bank remitting capabilities to bank accounts in over 120 countries. The system currently supports 21 currencies and will perform low cost foreign exchange when required.