SOURCE: MyECheck Inc.
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March 13, 2008 09:30 ET
MyECheck Launches Online Check Processing on BowlingBall.com
BowlingBall.com to Provide Its Customers With Alternative to Credit Cards
SACRAMENTO, CA--(Marketwire - March 13, 2008) - MyECheck Inc. (OTCBB: MYEC), a leading
provider of comprehensive viable alternative payment solutions, announced
that it has launched online Check 21 processing solutions with its partner,
CardinalCommerce, on BowlingBall.com.
BowlingBall.com is the largest online retailer of bowling equipment in the
world that has serviced over 1,000,000 bowlers. They not only carry the
complete bowling industry line but have expanded to reintroducing lines,
such as Quantum. They also carry hard to find Pro Pins and Pro CGs, once
only available to touring professionals. They currently have the largest
private line of Brunswick Viz A Balls in the country, and make and
distribute exclusive products such as: Disney's Tinkerbell, Spiderman, The
Hulk, Support our Troops, Official Jonathan Earl Bowser Angel bowling
balls, The Money Ball, The Barb Wire, and Mini Viz A Ball Awards.
According to the United States Bowling Congress, there are more than 66
million people age 6 and older who bowled at least once in 2006 with nearly
45 of them bowling at least twice in 2006. And there are 2.6 million USBC
members who average once a week in leagues, making bowling one of the most
popular pastimes in America.
MyECheck is the best new technology for merchant processing that bypasses
ACH (Automated Clearing House) issues by allowing merchants to deposit
funds without the usual waiting period needed by other processors.
And MyECheck is the first to market with this type of service in the
multi-trillion dollar paper check image processing industry, while
maintaining a leadership position as an online Check 21 processor.
Ed Starrs, CEO of MyECheck, commented, "Big Banks recently have reported
higher than expected credit costs due to increasing defaults on consumer
loans. MyECheck provides an alternative, and BowlingBall.com is a prime
example of how an established successful online 'etailer' can deploy our
solution seamlessly and quickly in order to capture a larger segment of
customers."
About MyECheck
MyECheck Inc. is a leading provider of comprehensive viable alternative
payment solutions to credit cards for brick & mortar, internet, intranet
and mobile commerce. MyECheck utilizes a proprietary method of creating
and clearing remotely created checks (RCCs) for exceedingly fast, secure
and convenient payments. As the leader in Check 21 solutions and check
image processing for online merchants, MyECheck's patent-pending RCC
solution provides merchants with financial access to more consumers than
any other single payment method. MyECheck offers the fastest, safest and
most convenient way to process electronic payments from customers.
Please visit www.myecheck.com.
Forward-looking statements in this release are made pursuant to the "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 periodic
reports filed with the Securities and Exchange Commission.