MyECheck, Inc. (fka MYEC)

[Investorr]

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Myecheck Inc : Changing Face Of Electronic Payments

MyEcheck Inc. (OTCMKTS:MYEC) has been a long-time player in the electronic payment segment for some time now. Leveraging its sustainable technology expertise in fully-integrated electronic payment solutions, the company has since released a new product called as G-Pay.

What is MyECheck G-Pay?

MyEcheck Inc (OTCMKTS:MYEC) has moved a step ahead of swipe card and even smart card payment structures to fully-fledged electronic real-time transactions with its ambitious payment platform.

This time, the payment solutions finder has reshaped the future of government payment with its unique G-Pay solution.

The solution is to be sold through internal inventories to various government bodies to allow complete end-to-end electronic payment process. These will be sold to resellers and contracted payment service providers.

G-pay is in real terms a plug-in for its MyECheck version 3.0 and has addressed security risks for government departments within the electronic payment segment.

The key feature on G-Pay is to allow fund transfer of authorized fund from any government checking account.

California appointed vendor

MyEcheckInc (OTCMKTS:MYEC) has also announced that it has appointed the State of California as the qualified vendor and can seek contracts from the government to render payment services.

The company also announced that it has also empanelled itself to be eligible for government contracts through the BidSync system.

MyECheck has already participated in such bids successfully and has also been successful as a contractor to process data of payments applicable to CalSTRS.

With the electronic form, the company has successfully built the ideal platform for government to bring in electronic transaction with the current systems of check payment and issuance remaining in place. The company has also stated that the government will be able to take advantage of the tax payment as well as Business and personal payment structures through G-Pay.

http://www.livetradingnews.com/myecheck-inc-otcmktsmyec-changing-face-of-electronic-payments-38972.htm

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