Stocks & Investing
Thu, June 11, 2009Wed, June 10, 2009Tue, June 9, 2009Mon, June 8, 2009Fri, June 5, 2009Thu, June 4, 2009Wed, June 3, 2009Tue, June 2, 2009Mon, June 1, 2009Sun, May 31, 2009Fri, May 29, 2009Thu, May 28, 2009Wed, May 27, 2009Tue, May 26, 2009Mon, May 25, 2009Fri, May 22, 2009Thu, May 21, 2009Wed, May 20, 2009Tue, May 19, 2009Mon, May 18, 2009Fri, May 15, 2009Thu, May 14, 2009Wed, May 13, 2009Tue, May 12, 2009Mon, May 11, 2009Fri, May 8, 2009Thu, May 7, 2009Wed, May 6, 2009Thu, April 16, 2009Wed, April 15, 2009Tue, April 14, 2009Mon, April 13, 2009Thu, April 9, 2009Wed, April 8, 2009Tue, April 7, 2009Mon, April 6, 2009Fri, April 3, 2009Thu, April 2, 2009Wed, April 1, 2009Tue, March 31, 2009Mon, March 30, 2009Fri, March 27, 2009Thu, March 26, 2009Wed, March 25, 2009Tue, March 24, 2009Mon, March 23, 2009Fri, March 20, 2009Thu, March 19, 2009Wed, March 18, 2009Tue, March 17, 2009Mon, March 16, 2009Fri, March 13, 2009Thu, March 12, 2009Wed, March 11, 2009Tue, March 10, 2009Mon, March 9, 2009Fri, March 6, 2009Thu, March 5, 2009Wed, March 4, 2009Tue, March 3, 2009MyECheck Inc.: MyECheck Inc. Announces First Quarter 2009 Results
//stocks-investing.news-articles.net/content/200 .. ck-inc-announces-first-quarter-2009-results.html
Published in Stocks and Investing on Friday, May 15th 2009 at 13:13 GMT, Last Modified on 2009-05-15 13:13:53 by Market WireSACRAMENTO, CA--(Marketwire - May 15, 2009) - MyECheck Inc. (
The Company processed over $27.5 million for the three months ending March 31, 2009 compared to $7 million for the same period in 2008; an increase of over 394%.
The Net Loss from Operations in Q1 2009 was $114,074 compared to $264,365 for 2008, a substantial drop as the Company refines its business model and works towards building more value.
Many online merchants offer no alternative to credit, resulting in lost sales due to many consumers' inability or unwillingness to purchase using credit. MyECheck's solution is fast becoming popular amongst etailers, government organizations and brick & mortar operators.
Ed Starrs, CEO of MyECheck, commented, "In this time of credit card decline rates being at their highest, it is important for etailers to remember that the check is still the largest non-cash payment method in the United States."
MyECheck works with more consumers than any other payment method and will lower costs, abandonment, charge-backs and fraud while increasing sales, loyalty and profits for its customers. And we offer our services at a fraction of the cost of credit-card processors, do not charge any recurring or account maintenance fees nor do we require any deposits or rolling reserves.
About MyECheck
MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions for brick & mortar, internet, and mobile commerce. MyECheck utilizes a patented method of creating and clearing remotely created checks for exceedingly fast, secure and cost effective payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck provides merchants with financial access to more customers than any other payment method.
Please visit [ www.myecheck.com ] and follow us on Twitter at [ http://twitter.com/MyECheck ]
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.
