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EL DORADO HILLS, CA--(Marketwire - July 22, 2008) - MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, announced that is has inked Ranger Supply Store as a client and will be providing the online retailer with its comprehensive suite of electronic check processing services.
This agreement allows Ranger Supply Store 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.
Ed Starrs, CEO of MyECheck, commented, "Ranger Supply Store represents another in a long list of CardinalCommerce customers to realize the value in offering our online check solution." 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™, PayPal™, eBillme™, Bill Me Later®, Google™ Checkout, MyECheck, NACHA® Secure Vault Payments (SVP), Ukash™, eLayaway™, Ebates™, and more to a network of over 30,000 merchants and merchant service providers.
Cardinal's mobile commerce platform, Cardinal MAX™, makes it easy for merchants to sell through mobile commerce by linking them directly with consumer mobile phones. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely.
For more information about CardinalCommerce, please visit www.cardinalcommerce.com
MyECheck has sole rights to US Patent No. 7,389,913, "Method and Apparatus for Online Check Processing."
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 enables payments from more customers at a lower cost.
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.
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