MyECheck Signs Deal With National Cash Management Systems
* Reuters is not responsible for the content in this press release.
SACRAMENTO, CA, Mar 31 (MARKET WIRE) --
MyECheck Inc. (OTCBB: MYEC), a leading provider of comprehensive viable
alternative payment solutions, is pleased to announce that it has signed an
agreement with National Cash Management Systems (NCMS) that allows NCMS
customers to
accept MyECheck as a form of online payment.
National Cash Management Systems (NCMS), the national leader in the sales
and
marketing of ACH and related payment acceptance services, understands the
significance MyECheck's services will have on the market place. "The latest
updates to the rules that govern the ACH industry proves that ACH payment
acceptance is becoming more and more restrictive and costly to merchants
that currently utilize this method of payment acceptance," explains Scott Lewis,
President and CEO of NCMS. "Merchants have been relentless in looking for a
cost effective ACH alternative that is more merchant friendly than ACH
acceptance while being less expensive than credit cards. MyECheck is the ACH
alternative that will work for all merchant types. We are extremely pleased
and excited about being able to offer this ACH alternative," comments Mr.
Lewis.
MyECheck was created to satisfy the demand for an alternative payment
solution to
credit and debit cards for online commerce. MyECheck has developed and
utilizes a proprietary method of creating and clearing Remotely Created Check
("RCC") images on behalf of its e-commerce customers, having successfully
implemented its proprietary RCC service that enables companies to accept
real-time check payments from consumers and businesses online or over a
telephone.
MyECheck provides additional services to support its RCC service including
fraud
loss prevention services. MyECheck also provides a number of services such as
check remittance processing and remote deposit capture ("RDC") services for
brick
and mortar companies, banks and retailers.
About MyECheck
MyECheck Inc. is a leading provider of comprehensive viable alternative
payment
solutions to credit cards for brick & mortar, internet, intranet and mobile
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 patent pending RCC solution provides merchants
with financial access to more consumers than any other single payment method.
MyECheck offers the fastest, safest and most convenient way to process
electronic payments from customers.
Please visit www.myecheck.com
About National Cash Management Systems (NCMS)
NCMS is the industry leader in the sales and marketing of ACH and related
payment
processing services. By offering merchants the option of utilizing any payment
type, check verification services, ID verification services, check processing,
and
more merchants truly have a one stop option for all their payment processing
needs. This along with unsurpassed front line customer support and the most
knowledgeable staff in the industry makes NCMS the only option for all your
payment processing needs.
www.ncms-inc.com
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 periodic reports filed
with
the Securities and Exchange Commission.
Investor Relations:
Brent O'Connor
Corporate Relations / Media
Phone: (916) 932-0089
Email Contact
www.myecheckcorporate.com
Copyright 2008, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters