This morning, shortly after the bell, MyECheck announced that Nationwide Billing Services signed on as one of its clients and MyECheck will now be providing them with its comprehensive suite of electronic check processing services.
Through this agreement, Nationwide Billing Group’s clients will be able to offer their customers the option to use their checking accounts as an alternative form of payment since MyECheck’s unique patented software goes beyond ACH. Unlike ACH, MyECheck is able to debit every U.S. checking account, and provides safety features while doing so.
Nationwide Billing Group provides business services that both simplify and accelerate the process of receiving customer payments. Some of the companies it serves include car dealerships, landlords, accountants, landscapers, after-school programs, pool cleaning companies, self storage facilities, finance/lenders, and insurance agencies.
CEO of MyECheck, Mr. Ed Starrs, stated, “MyECheck offers its services at a fraction of the cost of credit-card processors, and does not require any deposits or rolling reserves. eChecks processed on the MyECheck system enjoy approval rates averaging over 90%, with many merchants exceeding over 95%.”
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