We would like to highlight MyECheck, Inc. (OTCBB: MYEC). The company is a leading electronic transaction processor and provider of 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.
In the company’s news yesterday,
MyECheck Inc. announced that it has inked an agreement with Online Commerce Group, LLC (OCG) to provide its comprehensive suite of electronic check processing services. The agreement will enable OCG customers to use their checking accounts as an additional form of online payment.
MyECheck’s patented software is unparalleled by any other solution as it is able to debit every U.S. checking account, even accounts that ACH cannot debit. This unique platform provides online merchants with financial access to more consumers and businesses than any other payment method available.
MyECheck’s payment engine uses patented technology to generate electronic checks (”remotely created checks” or “RCCs”) in accordance with the Check 21 specification. The company possesses sole rights to US Patent No. 7,389,913, “Method and Apparatus for Online Check Processing.”
Online Commerce Group, LLC is a diversified group of both residential and commercial niche e-commerce stores committed to delivering excellent customer experiences by providing their valued customers with a product presentation online that allows them to get as close to the product as possible. The websites also feature exclusive one-on-one customer service and competitive prices with multiple selections.
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