MyECheck out of California to raise online gambling industry's interest

<TABLE class=contentpaneopen cellSpacing=1 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=contentheading width="100%">13-05-2005 MyECheck to raise online gambling industry's interest </TD></TR></TBODY></TABLE><TABLE class=contentpaneopen cellSpacing=1 cellPadding=0 width="100%" border=0><TBODY><TR><TD vAlign=top align=left width="70%"></TD><TD vAlign=top align=right></TD></TR><TR><TD vAlign=top colSpan=2></TD></TR><TR><TD vAlign=top colSpan=2>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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http://www.bookmakersreview.com/News/Latest/13-05-2005_MyECheck_to_raise_online_gambling_industry's_interest/

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wonder how long until the DOJ brings DA HAMMER down on them...

Is this still a viable option or are they gone now?

Just like there are 1000s of payday loan places, there will always be thousanads of companies willing to move money for a few percent.