MyECheck, Inc. (fka MYEC)

[wfarrance]

MyEcheck Shannon Starrs is our marketing intern, she's also a student at Sac State. FYI she created the videos, (Liz is the voice over) the one pagers that I Tweeted yesterday, designed the look of the mobile app, and was part of naming the mobile service. Shannon also handles the eMobile shop and is taking over eMobile social media and SEO. We will be expanding our marketing department this fall.
https://vimeo.com/138651731

very interesting all POSTED IN THE LAST 24 HOURS ON MYECHECK FACEBOOK PAGE

MyEcheck The bank has an online banking app now, we are different than that one, ours offers some of the same features, but much more functionality. The bank's plan is to probably get rid of the existing app if ours can fill all of its functions. The mobile and web money transmission and wallet accounts, email, ATMs etc will be on our system.
Like · Reply · 25 · September 24 at 9:21pm

MyEcheck We split 50/50 an up front licensing fee with our agent in Africa, no transaction fee revenue has been billed yet. The up-front licensing fee was relatively small in exchange for a bigger % transaction fee share. We essentially will get 15% of the transaction fees charged on the system. The bank can set different fees for different types of transactions, but I believe the average fee they plan to charge is approximately equivalent to US$0.75. Also important is that only banks in this initial launch country can operate a money transmission service such as this.
EVEN AT ONLY
100,000 USERS A DAY WE MAKE A SMALL FORTUNE