The California-based online payment provider offers an innovative solution to betting companies who wish to accept checks online as a payment method from players.
The MyECheck system verifies customer identity and bank details in real-time before transactions are approved, and then transmits electronically check prints which are accepted at every US bank that offers checking accounts.
MyECheck is not subject to NACHA rules and regulations and does not involve ACH (Automated Clearing House), which means that a MyECheck cannot be reversed by the check-writer.
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