Electracash Launches User Verification Services.

SIGNAL HILL, Calif. -- -Today, Electracash, Inc. (www.electracash.com), a leading provider of Internet payment processing services, announced the launch of two new fraud reduction services for accepting checks on the Internet: User Authentication and Age Verification. These new services are designed to confirm the identity and age of online eCheck users, helping to prevent both fraudulent usage of checking accounts and underage buying on the Internet.

Electracash's User Authentication Service reduces online merchants' risk of buyers accessing someone else's checking account for which they are not authorized. Electracash's Age Verification Service allows Internet merchants to protect minors from age-restricted content and merchandise while protecting businesses from potential liability.

Both services are private and non-intrusive, enacted when a buyer chooses to use their checking account over the Internet to pay bills or make purchases. The services employ birth date and partial Social Security number data, validated in real-time along with other personal information required at online storefronts. Employed solely for user verification purposes, Electracash protects and never shares this information.

"Our Age Verification and User Authentication services are aimed at reducing risk to online eCheck merchants. Accepting eChecks enables merchants to capture online sales from the 89 million US households that have a checking account, including the approximately 10 million that do not have a credit card. By helping merchants ensure their customers are who they say they are, Electracash can provide additional protection for both merchants and consumers using eChecks," said Lee Falls, CEO of Electracash.

Electracash continues to invest in new technologies that will enhance merchant and consumer security for Internet check usage. Age Verification and User Authentication services are offered in addition to existing account validation services, including Electracash's proprietary fraud control scrubs.

Online businesses can take advantage of these valuable new eCheck services by contacting an Electracash sales representative at [phone] or toll-free at [phone]. For more information on Electracash's products and services, visit www.electracash.com or e-mail [e-mail].

About Electracash

Electracash, Inc. is a leading provider of Internet payment processing services, offering businesses the ability to accept eChecks and make Direct Deposits in the US and Canada, and to initiate wire transfers around the globe, for both business and consumer transactions. Electracash products give merchants of all sizes flexible and reliable payments solutions.