Scottsdale, Arizona 6/19/2008 8:38:08 AM
News / Finance

QualityStocks.net News – MyECheck, Inc. (MYEC.OB) Signs Raza.com to Its Online Check Service

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We would like to highlight MyEcheck, Inc. (OTCBB: MYEC). The company 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.

 

In our client’s news today,

 

MyECheck announced that it has signed on Raza.com, a telecommunications company, as a new client and will be providing them with its comprehensive suite of electronic check processing services, allowing Raza.com to offer its customers the ability to use their checking accounts as an alternative form of online payment.

 

MyECheck’s unique patent-pending software is able to debit any U.S. checking account, including those that ACH cannot debit, enabling online merchants to expand their potential marketing base to more consumer and businesses. The process doesn’t require a physical check and adheres to the Check 21 specification.

 

Raza.com is a privately owned firm based in Chicago, IL. The company is managed by knowledgeable executives that have experience in processing payments, networking, information services, retail marketing, telecommunications and switch facilities. Their focus is on providing international calling cards that offer cheap rates. The phone card industry has grown into a $4 billion industry with approximately 500 million cards sold last year alone.

 

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Forward-Looking Statement:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.