MyECheck

 Are you a retail store or an eCommerce site? Do you process payments for mortgages, car insurance, vacations, air travel, brokerages or property tax?  Are you tired of credit card processing fees, charge backs and rolling reserves?
We have the solution!


Immediate Purchase Time
eChecks processed on the MyECheck system are typically accepted in one to three seconds compared to typical ACH time frames of two to five days.

Higher Conversion Rates
Checks are the most viable alternative to credit cards enabling conversion of declined card transactions or customers without cards.

• Up to 50% of adults either do not have a credit card or have insufficient available credit on their cards.

• Ability to debit more bank accounts. MyECheck can debit every US checking account, even accounts that ACH cannot such as many Credit Unions, S&Ls, small banks, brokerage accounts, business accounts and credit card check accounts. 

• eChecks processed on the MyECheck system enjoy approval rates averaging over 90%, with many merchants exceeding over 95%

• Able to process single transactions over $25,000, unlike ACH based processing.

Less Regulation
MyECheck is a Check 21 service not ACH, therefore transactions are not subject to the myriad of NACHA rules, regulations, fees and fines imposed upon all other eCheck transactions that are ACH-based.

Lower Processing Cost
MyECheck offers its services at a fraction of the cost of credit-card processors, and does not charge any set-up, recurring or account maintenance fees.

Green Banking
MyECheck is has adopted an Environmental Code of Ethics, whereby internal policies have been implemented and are enforced to minimize the company’s ‘footprint’ on the planet.  This includes limiting the negative impacts on the natural environment through the responsible use of resources, effective waste management and minimizing of pollution; limit activities, services and facilities to levels that do not threaten the integrity of the planet’s resources or systems while continuing to support the economic goals of the company; and seek innovative solutions to mitigate or avoid undesirable environmental, social and cultural impacts. We actively structure our company enable the ability to eliminate paper use by developing our technology to a degree where it is not required.

Secure Transactions – Our Fight Against Fraud

We utilize three leading edge fraud protection services
Check Authorization Service verifies bank accounts, reviews national negative databases and profiles the transaction using proprietary shopping pattern algorithms and continuously updates this database with check writing histories.

In less than one second, checks are authorized from a database of millions of records, accessing both local and national negative files of unpaid checks, along with other proprietary verification services.

Financial Verification Services
Prior to authorizing a transaction, MyECheck can verify the status of the customers bank account and determine if the customer is a recent check bouncer.

Identity Verification
We offer 3 levels of identity verification including a high assurance ID validation.

Guaranteed Transactions
Full liability coverage is available for all approved transactions - merchants are reimbursed 100% of the value of returned checks, every 14 days.

Contact Sales at MyECheck  for more information:

310.744.5279

Sales@myecheck.com

www.myecheck.com