CheckAlt Payment Solutions Joins Forces with socalTECH to Expand its Reach and Increase Consumer Awareness of Remote Deposit Capture

LOS ANGELES, March 24, 2011 /PRNewswire/ -- CheckAlt Payment Solutions, an industry leader in Remote Deposit Capture (RDC) service with its revolutionary patented technology and eCheck solutions, proudly announces its sponsorship of the internet site socalTECH.com, a leading source for news and information on all things high tech in the Southern California region, to help increase communication and to provide innovative, reliable solutions and services to its forward thinking member base. socalTECH.com provides daily news updates and tracking of venture capital and high tech businesses in Southern California, including a comprehensive database of venture deals, venture capitalists, and high tech businesses in the region.

"We understand the value of joining this network to help increase knowledge within socalTECH's vast membership," said Shai Z. Stern, Co-Chairman and CEO of CheckAlt Payment Solutions.  "CheckAlt simplifies Check21 solutions for businesses both reliably and efficiently by enabling them to virtually deposit checks without ever having to waste resources to physically visit their bank or financial institution.  Our eCheck platform enables businesses to receive funds faster and track accounts easily in real time. By joining the socalTECH.com community, we can inform a large number of consumers and business members of several of the benefits of our patented RDC and eCheck solutions by allowing them to take advantage of the latest technological innovations."

About CheckAlt Payment Solutions

CheckAlt Payment Solutions is among the country's premier payment processing companies providing Check21 services allowing businesses nationwide to utilize its eCheck and patented Remote Deposit Capture (RDC) systems to improve their top and bottom lines.  The CheckAlt eCheck is the "email a check" solution that allows businesses from merchants and property managers to universities and non-profits to maximize cash flow and accounting accuracy.  CheckAlt's unique RDC empowers businesses such as credit unions and community banks by enabling them to locally deposit scanned checks virtually while reducing associated internet transaction processing costs.  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: CheckAlt Payment Solutions is the smartest way to do business.  Learn more at: www.checkalt.com.

SOURCE CheckAlt Payments Solutions