MyECheck, Inc., already a leader in Check 21 type electronic check processing services, is now focused on building alliances with a host of payment gateway and service providers, increasing its position in this rapidly growing industry. MyECheck provides the safest and most economical way to process non-card (check) payments for online merchants, call centers, billers, retail POS, and RDC (Remote Deposit Capture) back-office applications. The company offers a suite of imaging and processing functionalities, all in an easier to use Check 21 environment versus the cumbersome ACH (automated clearing house) approach. The result is more efficiency, security, and cost effectiveness for its clients.
Today, MyECheck is actively forming alliances with Internet payment gateways and payment software and service providers, going after new sales channel reseller opportunities. The company has already had success in partnerships with Cardinal Commerce, and is now in discussions with a number of value added resellers and payment service providers, including the following.
• AspDotNetStorefront.com, a division of Discovery Products, Inc., providing online e-commerce shopping cart platforms for over 3,000 merchants and developer partners
• ConsumerDirect®, linked to over 95% of creditors in the United States, providing clients with a faster and more effective way to fix credit report problems
• Secure Payment Systems, providing a database of check writing transactions, including a positive file of good check writers
• TransFirst, owned by Welsh, Carson, Anderson & Stowe, providing specialized transaction processing, with processing partners including Money Tree Services, Bank of America Merchant Services, Fifth Third Bank Processing Solutions, Payment Resources International, DPI Merchant Services, and Pulse Card
• Everpay Merchant Services, providing electronic payment processing and business solutions, with real personalized assistance
• Checkgateway, already a gateway partner of MyECheck, providing a range of merchant services, including payment processing
• Secure Payment Systems (SPS), already signed for check authorization and check guarantee services, allowing MyECheck merchants to ship the same day with confidence that they will be paid, even if their customer’s check bounces
• National Cash Management Systems (NCMS), national leader in the sales and marketing of ACH and related payment-acceptance services
• AE Checking, providing the most innovative and merchant friendly eCheck (ACH) and Check21 (RCC) platform in the industry
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