Electracash Offers Payment Management Tool

SIGNAL HILL, Calif. – Electracash, a provider of Internet check payment processing services, has announced the addition of MyPayNet, a new billing and payment service for businesses.

Electracash MyPayNet is a robust online management tool specifically designed to meet the invoicing and collections needs of small to medium enterprises. Developed by My Payment Network, and offered by Electracash through a reseller partnership, Electracash MyPayNet is an easy-to-use, affordable tool that enables businesses to send invoices and accept payments over the Internet without the need for special or proprietary equipment. It provides the ability to set up accounts, produce reports, send e-mails and export files to accounting systems. To use the service, clients need only a computer and an Internet connection.

"As businesses grow, invoicing and bookkeeping can become difficult to manage," Lee Falls, Electracash CEO, said. "Our new service provides an easy way for businesses to have electronic invoicing payments to manage their billing and collection needs. In addition to invoicing, accounting, and collection, the tool enables the business’ customers to pay online both with major credit cards as well as personal and business checking accounts."

For more information, visit www.electracash.com.

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