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MyECheck, Inc. (MYEC.OB) Signs Fortune 500 Company to Its Check 21 Patented Software

QualityStocks (November 18th, 2008) Writes:

Today before the bell, MyECheck announced that Simon Properties Group Inc. (NYSE: SPG), the largest U.S. publicly traded real estate company, signed an agreement to utilize the company’s comprehensive suite of electronic check processing services. Through this agreement, Simon Properties’ customers will be able to use their checking accounts as a method of payment.

Simon Property Group, Inc., an S&P 500 company, operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties. Currently, the company owns or has an interest in 379 properties comprising 258 million square feet of gross leasable area in North America, Europe and Asia.

MyECheck’s patented system provides businesses with the most flexible means of payment processing for its customers. The system is capable of clearing checks from every U.S. checking account, unlike ACH, and only costs a fraction of the

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MyECheck, Inc. (MYEC.OB) is Building Worldwide Alliances

QualityStocks (November 3rd, 2008) Writes:

MyECheck, Inc., already a leader in Check 21 type electronic check processing services, is now focused on building alliances with a host of payment gateway and service providers, increasing its position in this rapidly growing industry. MyECheck provides the safest and most economical way to process non-card (check) payments for online merchants, call centers, billers, retail POS, and RDC (Remote Deposit Capture) back-office applications. The company offers a suite of imaging and processing functionalities, all in an easier to use Check 21 environment versus the cumbersome ACH (automated clearing house) approach. The result is more efficiency, security, and cost effectiveness for its clients.

Today, MyECheck is actively forming alliances with Internet payment gateways and payment software and service providers, going after new sales channel reseller opportunities. The company has already had success in partnerships with Cardinal Commerce, and is now in discussions with

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MyECheck, Inc. (MYEC.OB) is Building Worldwide Alliances

QualityStocks (November 3rd, 2008) Writes:

MyECheck, Inc., already a leader in Check 21 type electronic check processing services, is now focused on building alliances with a host of payment gateway and service providers, increasing its position in this rapidly growing industry. MyECheck provides the safest and most economical way to process non-card (check) payments for online merchants, call centers, billers, retail POS, and RDC (Remote Deposit Capture) back-office applications. The company offers a suite of imaging and processing functionalities, all in an easier to use Check 21 environment versus the cumbersome ACH (automated clearing house) approach. The result is more efficiency, security, and cost effectiveness for its clients.

Today, MyECheck is actively forming alliances with Internet payment gateways and payment software and service providers, going after new sales channel reseller opportunities. The company has already had success in partnerships with Cardinal Commerce, and is now in discussions with

...

FreeStar Technology Corp. (FSRT.OB) Sales Soar To Record High

QualityStocks (October 17th, 2008) Writes:

FreeStar Technology Corp. (FSRT.OB), a global payment processing and technology company headquartered in the Dominican Republic, announced today that the company has achieved record sales for the fiscal year ending June 30, 2008. Sales skyrocketed 66% to over $6 million. Perhaps more remarkable is the fact that the company’s most significant projects are still in their infancy.

Paul Egan, FreeStar CEO, said, “The revenue growth we achieved in 2008 occurred even though we are still in the early stages of seeing returns on our significant investment into the China Unionpay project and our other projects involving Monex and Global Refunds. Each of these could significantly impact our revenue streams in the future.”

Key to the huge sales increase was the success achieved in consulting and hardware. Consulting revenue went up by 115% while hardware sales rose over 160%. Transaction processing revenue also grew.

Freestar operates a robust Northern European BASE24 credit

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