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Monday, 11/07/2016 6:58:55 PM

Monday, November 07, 2016 6:58:55 PM

Post# of 298910
Mega News of Growth coming in for MEC and UBA Bank / $MYEC

MyECheck, Inc., Now MEC, Inc., Targets Global Bank Payment Systems Licensing

http://www.marketwired.com/press-release/myecheck-inc-now-mec-inc-targets-global-bank-payment-systems-licensing-otcqb-myec-2133802.htm


((((((UBA EmailMoni Training Manual! All longs need to see this! )))))))

This is the 30 page training and sales prep for UBA employees for EmailMoni. This is Indicative of the level of support we can expect. Big things to come!!!

https://www.dropbox.com/s/8v1i75yrviai8bd/Email%20Moni%20Presentation_2016.pdf?dl=0



UBA bank Emailmoni APPS powerd by Seergate owned by MyEcheck

https://play.google.com/store/apps/details?id=com.seergate.emailmonimobile

https://appworld.blackberry.com/webstore/content/59998809/?countrycode=US&lang=en

APPS https://emailmoni.com/sg/index.htm#

Emailmoni https://emailmoni.com/sg/index.htm


$MYEC http://mecincorp.com/

FB https://www.facebook.com/mecincorp/


$MYEC Case Study – MEC Inc. MEC Partners with the United Bank for Africa – Africa’s Global Bank http://mecincorp.com/case-study/


(((((((NEWS))))))))

$MYEC UBA and MEC, Inc., launch revolutionary Omni-channel payment system, EmailMoni


EL DORADO HILLS, CA, and LAGOS, NIGERIA--(Marketwired - Oct 19, 2016) - MEC, Inc. (OTC PINK: MYEC), (formerly MyECheck, Inc.) announced today it has entered into agreements with pan-African financial services group, United Bank for Africa ("UBA") Plc to provide a revolutionary email-based billing, payment and banking software system called "EmailMoni."
EmailMoni represents the world's latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances landscape in Africa. The service provides a convenient and highly accessible application with multiple ways to transact that are instant, secure, and low cost.
EmailMoni enables people and businesses to securely send and receive invoices and money electronically in real-time, using their mobile phone or any web browser compatible device. Users can send and request and receive money using the mobile phone app, Microsoft Outlook app, or any email service. Money can also be securely requested and/or sent using Facebook app, SMS text and other methods.
EmailMoni Apple iOS App and Android App can also interact with point of sale (POS) systems, e-commerce for quick and secured payments online, as well as card-less ATMs using Quick Response ("QR") Codes enabling withdraws from the system at thousands of ATM locations.
EmailMoni will enable faster more efficient payments for UBA customers who are billers, such as airtime, cable and utility companies. Customers can also send and receive secure payments instantly and conveniently, while non-bank customers will be able easily access UBA banking and payment services.
"We are proud to open any frontier for e-payments in Africa with EmailMoni. This conforms with our desire to continuously deliver innovative and convenient payment options to our customers. Our innovations in the digital banking space have been possible because of our huge investments in building efficient, trustworthy platforms. We assure our customers that we are committed to continually bring the best in the financial technology space to ensure they always have the best and most convenient banking experience with all our service channels," said Yinka Adedeji, Divisional Head, Digital Banking, UBA.
Ed Starrs, CEO of MEC commented: "EmailMoni will be instrumental in the positive transformation of Africa to a digital banking system and enable greater access to secure commerce. EmailMoni focuses on the banks' customers making sure they can access their money anywhere and anytime. EmailMoni enables UBA's customers to communicate just like using email and pay for all their transactions in one place. MEC along with our sales partner in Africa, Centric Gateway, Nigeria, Limited, are committed to providing industry leading technology and service to support UBA in meeting their e-payment goals."
"EmailMoni, powered by MEC, will be a fundamental change in the payment space in Africa," stated Omoniyi Kolade, CEO of Centric Gateway. "The email-based payment platform will enable our client UBA to deliver fundamental value in promoting cashless and digital banking for their customers in their day to day transactions. EmailMoni will remove hurdles being faced by customer transactions and maintain speed, ease of use, along with security in between customer, retailers, businesses, biller, e-commerce, etc. This is the first solution in the Nigeria payment service industry that addresses customer payment affairs in a seamless way."
About UBA: With a customer base in excess of eight million, UBA has invested heavily in building robust and secure digital banking platforms to facilitate transactions across Africa. A highly diversified financial services provider, UBA is a leading player on the African continent, with significant market share and operations in 19 different African countries and business offices in New York, Paris and London. Visit: www.ubagraoup.com
About Centric Gateway: Located in Lagos, Nigeria, Centric Gateway Limited is a payment services provider and the Authorized Sales Partner in Africa for MyECheck software and services.
About MEC, Inc.: MEC, Incorporated (formerly MyECheck, Inc.) is a developer, licensor and services provider of innovative payment and banking solutions. MEC software applications include virtual/cloud banking, mobile payments apps, web commerce, POS, billing/invoicing, card-less ATM, international remittances and advanced security and fraud control technologies. Visit: www.mecincorp.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.

http://www.marketwired.com/press-release/uba-and-mec-inc-launch-revolutionary-omni-channel-payment-system-emailmoni-otc-pink-myec-2168083.htm


Cashless Banking: UBA Depositors Using Digital Channels Hit 70%

https://newtelegraphonline.com/cashless-banking-uba-depositors-using-digital-channels-hit-70/




•As Bank unveils EmailMoni


Over 70 per cent of deposits received by UBA Plc and over 80 per cent total outflow transactions by the bank are implemented through digital channels. Divisional Head of Consumer and Digital Banking of the bank, Dr. Yinka Adedeji, disclosed this on the sideline of a media interaction in Lagos over the weekend, where the Bank also unveiled its EmailMoni, a new service that allows customers to send and receive money using their email as identity.

According to Adedeyi, who with other top official of the Bank, briefed the media on the activities of the Bank towards advancing the cashless policy of the Central Bank of Nigeria (CBN), the Bank has been at the fore front of deploying cuttingedge technology to transform banking experiences.

“Currently, 70 per cent of money coming into the Bank is through digital channels such as Point of Sales (PoS), Nigerian Interbank Settlements System Instant Payment (NIP), Automated Teller Machine (ATMs), mobile banking and Internet banking in terms of inflow of deposits. We also do over 80 per cent outflow in terms of total transactions.

“Today, there are over 10 million bank accounts so far opened for governments, businesses and individuals across Africa with eight million of these in Nigeria. We currently do over N100 billion a month on our 1,800 ATMs in Nigeria alone.

There are over seven million ATM cards of different brands that we have issued to our customers,” he said. He said that UBA, which is currently providing touchscreen ATMs for is customers, will deploy innovative technology that makes it possible for customers to do card-less transactions on ATM. “Very soon, we are going to enable our customers to use the ATM to do transactions without their cards,” he said.

Also, Adedeji said through Internet banking and mobile banking e-channels, “we are doing over N50 billion transactions,” stressing that UBA also records between N5 billion and N6 billion transactions weekly. Speaking on the launch of the email-based banking platform, EMailMoni, Adedei said this is made possible through a partnership between the Bank and MyECheck to provide the revolutionary new social commerce payment system.

According to Adedeji, “We are proud to open a new frontier for e-payments in Africa with EmailMoni. This conforms with our desire to continuously deliver innovative and convenient payment options to our customers.

“Our innovations in the digital banking space have been possible because of our huge investments in building efficient, trustworthy platforms. “We assure our customers that we are committed to continually bring the best in the financial technology space to ensure they always have the best and most convenient banking experience with all our service channels.”

According to him, EmailMoni is the world’s newest game changing technology and will dramatically advance the payments landscape in Nigeria and across Africa.

“EmailMoni is a next generation payments technology that enables people and businesses to securely send and receive money electronically in real-time and at low cost using a downloadable mobile smartphone app or from a web app. The EmailMoni web app can be accessed from any mobile device, any browser or any type of internet connected computer. “EmailMoni allows people and businesses to pay and receive electronic payments securely in a number of easily accessible and convenient ways.

Users can send and request money instantly using Microsoft Outlook email, or any web mail. Money can also be securely requested and sent using Facebook, SMS text and other methods,” he said He said that available on iOS on the Apple App Store and for Android on Google Play, the EmailMoni mobile app for smartphones will over time, interact with a card-less ATM network using Quick Response (“QR”) Code enabling cash to be deposited and withdrawn from the system at thousands of ATM locations in Nigeria and across Africa.

“EmailMoni will enable faster more efficient payments for UBA customers who are billers, such as cable and utility companies. Customers can also send and receive secure payments instantly and conveniently, while non-bank customers will be able easily access UBA banking and payment services,” he said.

Meanwhile, UBA believes that the future of banking is e-payment. According to Adedeji, “Adoption is going to growth as there is increase in mobile devices’ adoption and growth and as people continue to appreciate the convenience and flexibility inherent in e-payment. “In preparing for the current and future growth, we have been making necessary investment in Information technology (IT) and deployment of relevant security infrastructure, which is a state-of-the-art and a benchmark for the industry today,” he said.

https://newtelegraphonline.com/cashless-banking-uba-depositors-using-digital-channels-hit-70/

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