Merchant Inquiries If you are a merchant who is interested in finding out how E-C-Q will be helpful to your business. Shopping over the internet will become the most powerful method of consumer spending. As the global village gets smaller, people from all parts of the world are interacting with one another.

What You Need to Know About E-C-Q

E-C-Q is an abbreviation of Electronic Chequing E-C-Q is a payment service being provided to internet users who want to buy and sell goods and/or services in this ever growing e-commerce marketplace. E-C-Q is for people who do not wish to use credit cards* or have no other means to take advantage of this new and exciting medium. E-C-Q provides merchants with access to millions of customers who are fearful of using credit cards to make purchases over the internet. E-C-Q strives to provide the best service possible for all who take advantage of E-C-Q's services. *Credit Card Risk Credit card use over the internet is a serious concern for many people. The reasons are obvious: Unknown merchants Poor control of records by merchants Personal information stored and shared between companies Information hacking How does E-C-Q accomplish this? E-C-Q acts as an intermediary* between the customer and the merchant. E-C-Q takes the risk away from the customer. E-C-Q does all the financial transactions on behalf of the customer. * When the customer makes a purchase over the internet using an E-C-Q cheque, E-C-Q becomes the middle person - the intermediary. As soon as the customer issues an E-C-Q cheque to the merchant, E-C-Q is automatically notified to pay the merchant. E-C-Q then contacts the merchant, to confirm that the funds are available, and makes arrangements to pay on behalf of the customer.

How to use E-C-Q

You, the customer, place money on deposit at E-C-Q. When you want to make a purchase on the internet, you issue an E-C-Q cheque while on the internet to the merchant. As soon as you release the cheque, E-C-Q notes the transaction, takes the funds from your account and notifies the merchant that that the funds are available. E-C-Q makes the arrangements with the merchant for payment. This is similar to a bank issuing a "Letter of Credit".

Check it out

Take a look at a sample of the E-C-Q cheque you will use when buying goods via E-C-Q over the Internet.

Use of Personal Information

When using E-C-Q you do not have to give any personal or financial information other than normal shipping, mailing and contact information to the merchant. Risky financial account numbers or credit card numbers are your business. E-C-Q will provide you with a convenient and safe method to buy and sell over the internet, designed to protect you the customer and reduce your internet risk.

Benefits

Check out some of our unique benefits such as, Partial Payment option, Mediation Insurance, etc.

Register for an Account

To register your new E-C-Q Account select register account and complete the form.