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Re: chava24 post# 147525

Friday, 07/04/2014 12:32:24 AM

Friday, July 04, 2014 12:32:24 AM

Post# of 298910
Every transaction ZipMark processes MyECheck gets a certain percentage.
Just like electricity from the main provider in your state, MyEChecks patented platform can be licensed to anyone/any company then it's up to them to develop a user interface or integrate it into existing software.
ZipMark won the Award for best eCheck software even though we are the patented back end. I'm sure ZipMark isn't in a rush to tell the world why their program is cheaper, safer & quicker than any ACH competitor hence why the award went to ZipMark with no mention of MyECheck being to processor.
It's only a matter of time before other businesses & developers realize all they have to do is license MYEC's patent to give ZipMark some eCheck competition.
I also wondered why Ed hasn't hired a company to develop a program platform similar to ZipMark but better, then it would be the worlds main Check 21 eCheck Payments processor instead of licensing it out to let companies compete against each other, Ed could also provide lower fees than ZipMark as there is no middleman.

MYEC

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