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. (MYEC.OB), a leading electronic transaction processor and provider of alternative payment solutions, announced the introduction of Virtual Terminal Services for small business, catalog, and phone-in order processing operations. The MyECheck Virtual Terminal is an interactive web services application that enables merchants to manually input customer transaction data, bypassing additional layers of third-party technical integration to receive payment authorizations securely in real time.
Companies that take phone or mail orders using MyECheck’s Virtual Terminal can directly input customer check data for authorization and processing. Ed Starrs, CEO of MyECheck, commented, “We continue to refine and add features to our patented software. MyECheck’s Check 21 solution offers the fastest, safest and most cost effective way to process electronic payments from an
expanding customer base, and is experiencing rapid growth in the growing
eCommerce and Payments industries.”
MyECheck’s new Virtual Terminal Services seamlessly integrate with their patented proprietary method of creating and clearing remotely created checks (RCCs) and opens up multiple potential new revenue streams. MyECheck’s rapidly growing client base will realize additional efficiencies from MyECheck’s continued introduction of new and innovative electronic transaction processing solutions.
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