From Feb 2014
MyECheck CEO, Ed Starrs commented, "MyECheck Version 3.0 represents a major system upgrade over 2.0 released in July 2006. New capabilities equip us to handle our new revenue streams, higher capacities and evolving customer needs while improving efficiency. Most importantly, we are on the leading edge of fraud prevention technology and practices in the payments industry. After over 10,000,000 fully electronic checks processed, MyECheck has never had a fraud complaint or refund, and security protocols and new technologies in MyECheck Version 3.0 will help ensure we continue to stay ahead of fraud."
10,000,000 transactions and no fraud or refunds. Thats is huge!!! Fraud cost merchants over $150 billion a year alone.
This is some of the DD that got me into this stock. Nothing has changed, it has only gotten better. Not sure what all the crying is about, other than people wanting things NOW. Funny thing is, go back about a year and the same crying was going on and in some cases by the same people.
Know what you own. MYEC
