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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, Inc. announced that it has signed on Mentor Public Schools as a client and will be providing the Ohio School District with its comprehensive suite of electronic check processing services. The company’s eCheck solution will allow parents to debt their checking accounts for payments such as adding funds to their children’s lunch cards.
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 consumers and businesses. The process doesn’t require a physical check and adheres to the Check 21 specifications established by law.
Commenting on the news, Ed Starrs, CEO of MyECheck, stated, “We are excited to have our first school district sign to our software and see this as a potential segue into other school districts, colleges and government agencies.”
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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.