MyECheck, Inc. (fka MYEC)

[MODiFiEDZ]

PayPal Touch ID charges retailers 2.9% + $0.30 per transaction.
MyECheck will finally give merchants a mobile payments option that avoids interchange fees that PayPal, Google Wallet & Apple Pay have.
The money saved from surcharges can be donated to charity & offered as cash back rewards to the customer.
MyECheck has the patent to create an eCheck using Check21 therefore can control the fees for which retailers are charged, for most transactions a flat fee of $0.15 would apply.
For the person to person payments a fee of no more than 1% & a max of $5 total in fees no matter the amount.