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MyECheck Named a 2015 PYMNTS Innovator

Pioneer of the fully electronic check recognized for “Best Check Innovation”

FOLSOM, Calif., March 23, 2015 /PRNewswire/ — MyECheck Inc. (OTC PK: MYEC), the leader in electronic check solutions for internet and mobile payments, announced that it won the2015 PYMNTS Innovator Awards for “Best Check Innovation.”

Viewed as one of the most prestigious recognition awards in the payments industry, the PYMNTS Innovator Awards has seen an exponential increase in participants and sponsors, and boasts a submission, selection and voting process that is unmatched in intellectual rigor and competitive energy. For the past two years, the PYMNTS community has nominated innovators for 16 categories and the finalists were chosen from a panel of judges who have deep and practical expertise in payments and innovation. The top three finalists in each category are determined by voting from PYMNTS.com®.

“I’m so pleased to congratulate MyECheck on their award,” said Karen Webster, CEO of PYMNTS.com. “The PYMNTS Innovation Awards are the most prestigious recognition in the payments industry. And because of the record breaking amount of votes for the finalists and the caliber of judges that reviewed the submissions, this year I think we were able to truly recognize the best of the best in the payments industry.”

MyECheck Inc. is a leading electronic payment technology developer, licensor and payment services provider. The company serves as a trusted advisor for the rapidly evolving landscape of consumerism in the payments industry. An effective alternative payment solution to ACH and credit/debit cards in the retail, mobile and ecommerce space, MyECheck utilizes a proprietary method of creating and clearing fully electronic checks on behalf of its customers, having successfully implemented its proprietary electronic check service with numerous organizations, enabling them to accept real-time check payments from consumers and businesses online or over a mobile device.

“Being named among this year’s winners is a testament to our dedication to driving innovation within the payments industry,” said Ed Starrs, chairman and chief executive officer of MyECheck. “As a new 21st century payment method, electronic checks are the fastest, safest and lowest cost payment method in America, providing secure, same day payments from any checking account. We recognize that our success would not be without our colleagues, partners, investors and industry friends, and we want to thank them for their continued support.”

Winners were announced during a live ceremony at The Innovation Project 2015 on March 19th.

About MyECheck
MyECheck Inc. is a leading electronic payment technology developer, licensor and payment services provider.  MyECheck operates under license to US Patent 7,389,913, “Method and Apparatus for Online Check Processing” granted June 2008.  This patented payment method is the fastest, most secure and most cost effective method of processing payments in the US.  MyECheck provides comprehensive payment solutions for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies.  MyECheck customers include corporations, retailers, governments, payment processors and financial institutions. For more information, contact sales@myecheck.com

Forward-looking statements in this release are made pursuant to “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 SEC.

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CONTACT:
Mary York Cox
Payments/Banking Media
mary@williammills.com
(678) 781-7217


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