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Ascent Processing, Inc. offers payment processing to merchants nationwide and have worked with many industries in addition to Travel and Entertainment. Ascent is a registered Visa/MasterCard Member Service Provider for both Elavon/Nova Information Systems through USBank, and First Data through JP Morgan Chase. Some of their clients include http://www.rental-network.com/, http://www.realtimerental.com and http://www.escapia.com/
The check is still the largest non-cash payment method in the US, proving that people often prefer to use checks over credit cards. Many online merchants offer no alternative to credit, resulting in lost sales due to many consumers' inability or unwillingness to purchase using credit.
MyECheck works with more consumers than any other payment method and will lower costs, abandonment, charge-backs and fraud while increasing sales, loyalty and profits for its customers.
Ed Starrs, CEO of MyECheck, said, "RCCs have been used for decades by mortgage companies, insurance companies, credit card companies and many others to collect recurring payments from their customers. Trillions of dollars are processed as checks annually. MyECheck allows these companies to fully automate, eliminate paper from their process, and speed collection by at least 2 days."
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. MyECheck provides merchants with financial access to more customers than any other payment method.
Please visit www.myecheck.com
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.
Patrick Lowry 916.932.0089 Email Contact
SOURCE: MyECheck Inc.
http://www2.marketwire.com/mw/emailprcntct?id=F8F88DAC5C53C9F5
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