MyECheck, Inc., (MYEC.OB) made its name by offering a more efficient and secure method of accepting non-card (check) payments for online commerce. MyECheck’s patent-pending method of clearing remotely created checks is the only alternative to the old ACH (automated clearing house) approach for processing e-checks. Compared with ACH, MyECheck items work with more consumer accounts, clear sooner, and provide better charge-back protection than ACH. Instead of using the ACH network, MyECheck processes entirely in a Check 21 environment, governed by Check 21 law and Uniform Commercial Code state law - laws that are easier for clients to comply with, thus reducing operation costs.

But California-based MyECheck also offers international bank transfer payment services, allowing clients to accept non-card bank transfers in local currencies from the world’s 50 largest global markets. Using MyECheck prevents consumer-initiated repudiation and chargebacks, eliminating most types of international payment fraud.