Why Enable MyECheck through Cardinal Centinel?
What is MyECheck?
MyECheck is a certified Check 21 provider, and offers a comprehensive suite of check image creation and clearing solutions. From real time internet processing to back office check image clearing, MyECheck has a solution that will lower cost per transaction and allow more consumers to purchase from a participating website.
MyECheck provides superior fraud protection and offers industry leading tools
including identity validation, funds verification and payment guarantee. MyECheck also facilitates faster fund transfers than credit/debit cards or the ACH network.
Why Accept MyECheck?
MyECheck can debit from every US checking account, even accounts that ACH cannot debit. Such accounts include access to many Credit Unions, S&Ls, small banks, brokerage accounts, business accounts and credit card check accounts. In fact, MyECheck provides participating merchants with access to more customers than any other single payment method. With faster clearing and availability, risk is reduced, cash flow is improved and goods and services can be provided with added confidence.
How Does MyECheck Work?
Once a consumer selects to buy with MyECheck, they enter check data online at the point of checkout. The data is then electronically passed through CardinalCommerce and to the MyECheck network. Funds are securely transferred shortly after the transaction.
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