MYEC---MyECheck ---This was the full page add in today's edition of USA TODAY---MYEC-Has had a rash of huge
PR'S and no sign of slowing down...As far as the pps---I do know this that between $2.17 and $3.50 their are less than 50,000 shares available---So do yourself a favor and get in before MYEC get's bought out......
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MyECheck Inc. to Attend Internet Retailer 2008 Conference & Exhibition
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MyECheck Partners with Everpay Merchant Services
MyECheck Signs Agreement with Simon Property Group for its Online Check Processing Service
Simon Property Group is the largest publicly-traded Real Estate Company based in USA
El Dorado Hills, CA, 11/18/08 MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it has signed an agreement with Simon Property Group Inc. (SPG) and will be providing SPG with its comprehensive suite of electronic check processing services.
This agreement allows Simon Property Group’s customers to use their checking accounts as a form of online payment to Simon. MyECheck’s patented system can clear checks from every U.S. checking account, even accounts that ACH cannot debit; thus providing online financial access to more consumers and businesses than any other payment method, at a fraction of the cost of card transactions.
Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers®, The Mills®, community/lifestyle centers and international properties. It currently owns or has an interest in 379 properties comprising 258 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide.
Simon Property Group Gift Cards distributes customized gift cards, gift accounts, and rewards programs to retailers at over 190 of their properties and at
Simon Property Group
Simon Property Group, Inc. is publicly traded on the NYSE. More information may be found at
Simon Property Group
About MyECheck
MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions to credit cards for brick & mortar, internet, and mobile commerce. MyECheck utilizes a patented method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and cost effective payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck provides merchants with financial access to more customers than any other payment method.
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MyECheck:: eCheck Processing for the 21st Century
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
MyECheck Corporate Relations / Media Contact: (866) 934-MYEC (6932)
To become a client contact a sales representative today!
sales@altecorp.com or Phone: (561) 283-4487
Although consumers are reacting to the economic downturn by spending less, this will create more of a hardship for retail stores than for online retail outlets.
"Store sales will be hit harder than Internet sales because affluent shoppers, who form the core of online buyers, tend to ride out economic downturns better than lower- and middle-income consumers," says Jeff Grau, eMarketer senior analyst and author of the new report, US Retail E-Commerce: Slower But Still Steady Growth.“
eMarketer estimates that US retail e-commerce sales (excluding travel) will reach $146 billion in 2008, up 14.3% over 2007.
And the 16-Stock group of electronic-transaction processors recorded its second consecutive month of positive price performance with a mean return of 4.47%. Twelve of the 16 stocks registered positive returns for the month, ranging from 2.8% for Western Union (ticker: WU) to 18.9% for Cardtronics (CATM). Besides Cardtronics, leading price performers for the month included Heartland Payments (HPY) at 17.9%, Global Cash (GCA) at 15.7% and Fidelity National (FIS) at 11.7%.
Four stocks declined in price during the month, leaders of which included ACI Worldwide (ACIW) at minus-21.2%, Moneygram (MGI) at minus-12.3% and Bottomline Technologies (EPAY) at minus-6.6%.
The mean group return of 4.47% in May was greater than both the S&P 500 Index and the Dow Jones Industrial Average at 1% and minus-1.4%, respectively.
Of interest, we at MyECheck (MYEC.OB) are also seeing an increase in transactional volume and expect this trend to continue over the coming quarters.
MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions to credit cards for brick & mortar, internet, intranet and mobile commerce. MyECheck utilizes a proprietary method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and convenient payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck's patent pending RCC solution provides merchants with financial access to more consumers than any other single payment method.
MyECheck was created to satisfy the demand for a viable alternative payment solution to credit cards for online commerce. MyECheck utilizes a patent pending method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and convenient payments.
Since inception in 2004, MyECheck has continued to enhance its offerings and launch new services including Remote Deposit Capture and POS solutions. Today, MyECheck is a leader in Check 21 solutions offering the most comprehensive suite of electronic check processing services in the industry.
With head offices in El Dorado Hills, CA, MyECheck, Inc. is a private Delaware corporation.
Please visit
MyECheck:: eCheck Processing for the 21st Century