The PayToo Mobile eCheck21 Revolution

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PayToo, the World’s leading mobile wallet provider, announces the launch of a revolutionary way of securely drafting a check using a smartphone.

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Said Michel Poignant, CEO of PayToo Corp., “We already provide the everyday financial services needed by the unbanked population. Today, we’re extending our services by connecting the banked population with our Virtual Echeck Solution.

The days of having to draft a paper check are ancient history. PayToo has developed this exciting payment processing solution for their ecommerce division in partnership with Several banks. This revolutionary technology allows the user to draft a Virtual Check safely and securely from their smartphone. The eCheck platform includes a full security process using the Geolocalization and phone verification in order to avoid fraud and unauthorized transactions.

Until today, there have been 2 ways of drafting and utilizing checks: drafting a paper check or remotely creating a virtual check using Check 21. The virtual Check 21 lacks tight security and the “convenience factor.” The PayToo eCheck is easily drafted from the User’s smartphone (drawing from their US checking account), securely verified and signed by the user on their smartphone interface, and confidently submitted to and received by the merchant.

Said Michel Poignant, CEO of PayToo Corp., “We already provide the everyday financial services needed by the unbanked population. Today, we’re extending our services by connecting the banked population with a full suite of services using the latest technology developed by PayToo. Today the Revolutionary eCheck eSigned, tomorrow Pay2Swipe, the ultimate POS Mobile Application.”

PayToo has an already established and strong presence as pioneers in the world of unbanked consumers, worldwide. Targeting the banked population with the addition of the PayToo eCheck solution has diversified the full suite of mobile wallet services that PayToo currently offers the foreign and unbanked population. And with this solution also comes the full suite of PayToo mobile wallet services. There is no competitor offering the same suite of services, to the same worldwide market, period. Now with a strategic partnership between PayToo and a Check Processor, they are even further ahead in the game. The PayToo proven technology paired with an unparalleled processing platform to provide the most advanced eCheck solution in the market.

Streamlined clients experience the benefits of receiving funds in less than 12 hours without having to change banks or accounting systems. Swift, simple, and safe: PayToo PayByCheck Payment Solutions is the smartest way to do business.

About PayToo:
PayToo is a Brand of PayToo Corp, a US Corporation formed in 1999. Since 2005, PayToo offers mobile phone solutions, VoIP, Prepaid Card and secured e-commerce payment transaction solutions. After Five years in development, PayToo introduced PayToo Mobile Wallet, a global platform that is the first mobile wallet solution to combine telecommunications and mobile payments, all drawing from a single account.

Today, PayToo has extended its offering and has revolutionized the way we communicate through its mobile wallet. With PayToo Mobile, customers use their available credit to make and receive calls, make payments, transfer credit and withdraw money worldwide, securely and in real time. PayToo is the first to offer an e-Wallet with universal mobile capabilities. PayToo was selected as the 2011 winner of the Money Transfer Award for the Americas by the International Association of Money Transfer Network.

To learn more about eCheck services by PayToo Corp. or the other dynamic mobile financial products offered by PayToo Corp., visit us at http://www.paytoo.com and contact us at info(at)paytoo(dot)com

PayToo Corp. Contact:
Anne-Marie Kopek
Communication & Marketing
anne(dot)marie(at)Paytoo(dot)com

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Anne Marie Kopek
PayToo Corp
1(954) 530-5846
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