MyECheck, Inc. (fka MYEC)

[binford04]

$.25 charge is 3% of a purchase of $8.33. So they're pretty similar.

Also if you have the cash to pay off your CC every month you don't have to worry about interest rates etc. Myecheck requires you to have the cash in your acct so that's no real benefit.

I will say the app has some benefits. Then again so does cash, but with the exception of some gas stations I don't ever see a business offering discounts for cash transactions. Lead's me to believe most businesses are ok with 3% being the cost to do business and worth the convenience.

The app would be decent if it could become more mainstream but I don't see that happening.