InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,712.69
(
-0.28%
)
US TECH 100
19,431.20
(
-0.34%
)
Dow Jones
41,794.60
(
-0.61%
)
Brent Oil
75.09
(
-0.04%
)
Bitcoin
68,801.12
(
1.45%
)
Post# of 298910
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

MODiFiEDZ

Send PM Follow Ignore
Followers 137
Posts 3593
Boards Moderated 0
Alias Born 09/10/2013

MODiFiEDZ

Re: Computerbux post# 109804

Sunday, 04/06/2014 6:21:36 PM

Sunday, April 06, 2014 6:21:36 PM

Post# of 298910
You are correct, MYEC's patent does not deal with paper at all, never does MYEC touch a paper check.
The patent is 100% electronic/digital. The patent covers a user paying for an item by entering the account & routing # from a checking account under Check 21. There are similar patents & companies who pay for items in a similar fashion under ACH which will eventually be replaced by Check21 hence the government now creating eCheck laws.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up