MyECheck is a company that may become a pioneer in the future of online banking. Based in California, the company has led the way in their industry by giving their customers the power to safely bank online and has capitalized on this market by providing people piece of mind in the ever-changing E-commerce marketplace.
E-commerce has become a way of life for the everyday consumer. According to Forrester Research, consumers spent $174.5 billion via E-commerce in 2007 and that number is expected to grow to an astonishing $204 billion by the end of 2008. Projections are that we can expect E-commerce to grow an average of 30% each and every year after. MyECheck has offered solutions to any fears that may come along with E-commerce.
MyECheck allows the consumer to process checks faster and put money into the pockets of companies and individuals in a quick and safe fashion. With MyECheck, checks can be processed as images, allowing them to clear faster which provides higher clearing rates and fewer returns.
Another competitive advantage MyECheck has is the freedom allotted to the young company. MyECheck processed payments are not subject to NACHA regulation, rules, fees or fines which is a critical advantage the company possesses. This gives MyECheck the liberty to assist the consumer without timely restrictions and puts the company into a prosperous relationship with the consumer.
With technology and the marketplace changing every day, MyECheck seems to be one step ahead.
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