MyECheck Inc. (OTCBB: MYEC) has emerged as a market leader in electronic transaction processing through its patent-pending remote check transaction method. The company today announced it has secured distribution company Forever Living Products (FLP) as a client, and will provide the company with the MyECheck suite of electronic check processing services.
The multi-level marketing distribution company posted more than $2 billion in sales, working through more than 9 million distributors in more than 120 countries. Secure, convenient and reliable payment transactions are integral to FLP’s operations. MyECheck will service FLP with its patent-pending software that will allow the company to quickly access funds and provide safe and secure payment methods.
In such a tight economic environment, many consumers have pulled back from credit cards and loans. Using MyECheck’s software, FLP customers can use their checking accounts to pay for products and services online. The software can debit every personal and business checking account in the United States, giving online merchants the ability to cater to more consumers and businesses.
The software clears the checking accounts faster than credit/debit cards or ACH accounts, allowing merchants to access the funds the same day or the next day. MyECheck also provides a secure payment environment with tools such as bank account verification, negative check-writer database queries and payment guarantee.
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