FOLSOM, CA–(Marketwired – Jan 13, 2016) – MyECheck, Inc. (OTCQB: MYEC), an electronic check, cloud banking and mobile payments technology developer and licensor announced today that it has entered into agreements with ReceivePay, one of the fastest-growing privately held electronic funds transfer processors in the United States.
Under the terms of the agreements, ReceivePay will integrate MyECheck’s Business-to Business (B2B) invoicing and payments platform with the ReceivePay Secure Vault Gateway, enabling ReceivePay customers to access MyECheck electronic check services and the eMobile platform.
MyECheck provides fully electronic, real-time billing and payment software and solutions that enable higher speed, more secure and lower cost financial transactions for people and business.
MyECheck also provides customized electronic banking and payment platforms for banks. MyECheck solutions enable real time funds transfers on mobile devices via email, text, Facebook and other social medial apps, MS Outlook app, ATMs, and mobile app.
In addition to the US market, MyECheck is currently pursuing opportunities in Africa and other emerging international markets. MyECheck is uniquely positioned with a cloud based banking and payment platform along with development, sales and implementation resources in place to capture market share in Africa, as new technology brings access to basic financial services to hundreds of millions of people.
MyECheck recently launched eMobile Pay in the US, a revolutionary new mobile commerce platform. eMobile allows businesses to send bills electronically and accept real-time guaranteed payments for a very low flat fee per transaction with no hardware or other costs. For more information visit www.e-mobile-pay.com.
About ReceivePay: Dedicated to providing superior customer service and industry-leading technology, Receive Pay Merchant Services (“RPMS“) provides tools to help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. Offering a wide range of payments and invoicing services that integrate Accounting / Billing / CRM / Invoicing software systems. Please visit www.receivepay.com
About MyECheck: Winner of the 2015 PYMNTS Award for Best Check Innovation, MyECheck Inc. is a leading electronic payment technology developer, licensor and payment services provider. MyECheck operates under license to US Patent 7,389,913, “Method and Apparatus for Online Check Processing” granted June 2008. This patented new payment method is the fastest, safest and lowest cost method of processing payments and moving money in the US. MyECheck provides comprehensive payment solutions for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions. For more information, contact email@example.com
Forward-looking statements in this release are made pursuant to “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.