"US Patent 7,389,913, granted June 24, 2008

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kilacam
"US Patent 7,389,913, granted June 24, 2008 covers a method of creating and clearing a new payment instrument called an electronic check. Electronic checks are created by entering data into a graphical user interface such as a website or mobile device, electronic checks are compliant with Check 21 ANSI X9 standards and never exist in paper form. MyECheck is the exclusive licensee of US Patent 7,389,913 with sub-licensing rights."

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