Replies to post #17959 on MyECheck, Inc. (fka MYEC)

[Whale Gunna]

you'd actually be pretty surprised, almost all business commerce transactions are checks, and now in 2013 50% of Americans have poor or no credit and MyECheck offers a wonderful alternative that is very fast (3-5 seconds) and cheap for everyone at a 1% fee.

[BingBing90]

People get confused, so I will explain again. THiS IS NOT about customers. Yes us as customers don't even use checks. We all use credit cards or debit cards now checks are stupid. However ALL businesses do their transactions by electronic checks. That's how they pay other companies for services or merchandise. Furthermore, if you are a buyer or seller on eBay, the echeck payment system is offered on PayPal. The thing that sucks with PayPal is that it's a 4% rate with a 3-5 day processing. MyEcheck is 1% with same day processing. This will increase transactions for businesses on eBay, with bank transactions and potentially all inter business commerce around the world. It saves businesses money and time.