Folsom, Calif., Oct. 1, 2014 -- MyECheck, Inc. (OTC PK: MYEC), the leader in electronic checks for mobile and online payments, today announced that Cuallix selected MyECheck to load its prepaid accounts. Under the new agreement, MyECheck electronic check services will enable Cuallix users to load cards and transfer funds internationally.
Cuallix, a Mexican payments technology and services provider with offices in Monterrey, Mexico and San Antonio, Texas, is a leading provider of financial products and services to cross-border and under-banked industries, including remittance services, pre-paid secured accounts and electronic payment services.
Cuallix will integrate with the MyECheck electronic check engine to process fully electronic payments from any checking account in the U.S. onto a secured credit card. Funds can then be used to make purchases, or they can be transferred to another account on the system, and can be withdrawn from any networked ATM in the world.
MyECheck also reported today that it has prepared a Form 10 (including audited financial statements) to file with the SEC, also known as the General Form for Registration of Securities. It is in legal review in final preparation for filing and is expected to be filed by the attorney this week.
About MyECheck:
MyECheck, Inc. is a leading electronic payment technology developer 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, and it works with the most people, businesses and entities. 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.
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Source: Company press release.
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