Magic Software Development Inc., a subsidiary of Electronic Clearing House Inc., has entered into a Database Access Agreement with Rocky Mountain Retail Systems Inc. (RMRS), a Colorado corporation.
Magic Software Development, which was acquired by ECHO in April, is a provider of electronic check conversion, electronic check re-presentment, check verification, and check guarantee solutions to financial services companies and retailers across the nation.
Both Magic and Rocky Mountain provide retail merchants with check verification processing from terminals at the retail POS. This agreement allows both companies to cross-market these services, including providing their current and prospective members access to each other's databases through their respective systems. By accessing both databases, merchants receive an increased level of protection.
"The teaming of these two companies is extremely rewarding in that this relationship will enable us to offer our customers one of the largest, quality, up-to-date databases in the nation at very competitive prices," stated Kris Winckler, Magic Software Development president.
For more information call (818) 706-8999 or visit ECHO's Web site at http://www.echo-inc.com.
