Tuesday, December 30, 2014
CheckAlt Powers Payments For CardCash.com
Los Angeles-based electronic payment technology provider CheckAlt is powering e-check payments for secondary gift card marketplace CardCash.com, the two said Monday. Financial details of the deal were not disclosed. The two said that the deal will enable customers to purchase gift cards on CardCash.com using CheckAlt's e-check technology. The companies said the use of e-checks saves a significant amount of money in transaction fees; as a result, CardCash.com is offering up a 2 percent discount on its gift cards to users who use the e-check process for their payments. CheckAlt is led by serial entrepreneur Shai Stern.