M MyECheck

MyECheck Inc. (MYEC. OB NASD OTCBB) is a leading electronic transaction processor that provides alternative payment solutions to expensive credit card charges. 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 Check 21 files are approved by the Federal Reserve and we pass the files directly to the Federal Reserve through "FedLine" for immediate Federal Reserve clearing. MyEcheck also has its own ETI Routing Number. We also a number of partner banks with whom we settle payments including First Regional Bank and JPMorgan Chase, and have clients such as The State of California, Transfirst, Secure Payment Systems and CardinalCommerce. Here are some of our advantages over credit cards:1. Faster - eChecks processed on the MyECheck system are typically accepted in 1 to 3 seconds 2. Higher Conversion Rates - Checks are the most viable alternative to cards enabling conversion of declined card transactions or customers without cards. 3. Lower Processing Cost - MyECheck offers its services at a fraction of the cost of credit-card processors.4. Higher Profit Margin - MyECheck offers services at a fraction of the cost of credit-card processors, and does not require any deposits or rolling reserves. 5. Higher Approval Rate- eChecks processed on the MyECheck system enjoy approval rates averaging over 90%, with many merchants exceeding over 95%. 6. Guaranteed - Full liability coverage is available for all approved transactions - merchant is reimbursed 100% of the value of returned checks, usually within a few days