Electracash

Electracash, Inc., the California payment-processor whose bank accounts were seized in July by federal investigators in Maryland who are probing the online gambling industry, has been targeted again. This time, the Feds are going after evidence of gambling-related communications in Electracash's e-mail account with New York-based Intermedia. Electracash's chief executive officer, D. Lee Falls, did not return a phone message seeking comment.

Electracash, a leading provider of Internet check payment processing services, announced today about the expansion of its strategic partnership with My Payment Network, an electronic payment services supplier, to offer an "all in one payment solution" for both credit card and electronic check processing.