Achex, Inc. (www.achex.com) was an Internet payments company that enabled simple and secure Internet payments for buyers and sellers. The Achex service, based on a patent-pending infrastructure and business processes, leveraged the Internet and existing payment networks to transfer funds online in a simple, convenient and highly secure manner.
Achex was acquired by First Data in July 2001 for $32 million.
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- 11/30/09 -techcrunch.com