CLEVELAND and SACRAMENTO, Calif., Oct. 4, 2007 (PRIME NEWSWIRE) -- CardinalCommerce Corporation, a leading provider of payment brands for banks, merchants, processors and financial service providers, has announced an agreement with MyECheck, Inc., a leading Check 21 solution offering a comprehensive suite of electronic check processing services. Their partnership will allow CardinalCommerce Customers to now accept MyECheck as a form of online payment.
MyECheck provides faster clearing and funds availability, substantially reduces charge-backs and risk and improves cashflow; all at a much lower cost than credit or debit cards. MyECheck can debit every U.S. checking account, even accounts that ACH cannot debit, and thus provides online merchants financial access to more consumers and businesses than any other payment method.
"We are pleased to welcome MyECheck to the Centinel platform of payment options. MyECheck fills a merchant's need for a check-like payment while maintaining a level security that merchants want and need," says Matt McDowell, Vice President of Merchant Services, CardinalCommerce. "MyECheck provides merchants a fast, reliable way to accept checks online and we are happy to provide this valuable service to merchants."
By leveraging a single integration of Cardinal Centinel -- The Universal Merchant Platform -- merchants can enable multiple payment brands and checkout options quickly and easily. The 30,000+ current Cardinal Customers and all future Cardinal Customers can now add MyECheck to their payment offerings.
"We are delighted that CardinalCommerce has selected MyECheck to be part of the Centinel platform. CardinalCommerce is the industry's leading payment brand enabler and MyECheck's unique proprietary offering strengthens the value proposition of Centinel while providing Cardinal Centinel customers easy access to MyECheck services without the need for direct integration with MyECheck," says Ed Starrs, CEO of MyECheck, Inc. "MyECheck will lower costs, fraud and chargebacks, while increasing sales, loyalty and profits for Cardinal Centinel customers."
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce. CardinalCommerce enables payment brands such as Verified by Visa, MasterCard SecureCode, PayPal, eBillme, Bill Me Later, Google Checkout, MyECheck, and NetCash (with Western Union and NACHA Secure Vault Payments coming soon) to a network of over 30,000 merchants and thousands of Banks. The Cardinal mobile platform leverages our merchant network, bank network and payment brands by linking them with end users' mobile phones through an integrated mobile platform. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely. Headquartered in Cleveland, Ohio, with facilities in the United States, Europe and Africa, CardinalCommerce services a global customer base.
The CardinalCommerce logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=697
* Patent Number: No. US 7,051,002 B2
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. Since inception in 2004, MyECheck has continued to enhance its offerings and launch new services including Remote Deposit Capture and POS solutions. Today, MyECheck is a leader in Check 21 solutions offering the most comprehensive suite of electronic check processing services in the industry.
Please visit www.MyECheck.com