FOR IMMEDIATE RELEASE

Electronic Clearing House, Inc. to Provide Visa Point-of-Sale Check Service to Moneris Solutions

Camarillo, Calif., May 6, 2004 - Electronic Clearing House, Inc. (Nasdaq: ECHO), a leading provider of electronic payment and transaction processing services, announced today that it has signed a contract with Moneris Solutions to provide the Visa Point-of-Sale (POS) Check Service to Moneris customers. Moneris Solutions is one of North America's largest electronic transaction processors with its primary merchant base in Canada.

ECHO is one of only two third-party processors and one of five acquiring processors authorized for Visa's POS Check Service. Under the agreement, Moneris will have an exclusive right to sell the Visa POS check product to its U.S.-based merchants, which constitute a portion of its total North American merchant base. Visa POS provides Moneris merchants with the ability to receive immediate online authorization for paper checks, converting them into electronic transactions at the point of sale and, for checks written on banks that have connected to the Visa POS program, verifies that funds are available in the check writer's account.

When checks are written on a non-participating bank, ECHO will provide the verification or guarantee decision as a third-party authorization service, using the Company's National Check Network (NCN) database. The merchant can then hand the check back to the customer at the point of sale, significantly reducing the check-handling costs. Unlike most competitive offerings, the Visa POS Check Service offers various levels of service to help merchants reduce fraud, including: conversion only, conversion with verification, and conversion with guarantee.

"We are very pleased to add Moneris to the growing roster of financial institutions who have embraced the Visa POS Check Service as an effective and convenient way to prevent fraud and reduce check handling costs," said Joel M. Barry, Chairman and CEO of Electronic Clearing House, Inc. "We believe that Moneris merchants will greatly benefit from ECHO's Visa POS Check Service as they become more aware about its low cost and low risk advantages."

"Our contract with ECHO highlights Moneris' commitment to delivering our merchants the value-added services necessary to help grow their businesses," said Larry Wine, president of Moneris Solutions U.S. Group. "With Visa POS Check Service, we are helping merchants reduce the risk of check acceptance and eliminate the cost of processing paper checks. We look forward to successful cooperation with ECHO to bring this innovative solution to our customers."

About Moneris Solutions

Moneris Solutions (www.monerisusa.com) has a 30-year history as one of North America's largest electronic transaction processors, delivering advanced payment card processing capabilities through point-of-sale hardware, payment processing software, e-commerce solutions and a gift and loyalty program. Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small to medium-sized business market through direct sales and strategic partnerships. A joint investment of the Royal Bank of Canada and the Bank of Montreal, which have assets in excess of $700 billion, Moneris Solutions serves more than 350,000 North American merchant locations and has a staff of over 1,100 employees. U.S. headquarters are located outside of Chicago, IL.

About Electronic Clearing House, Inc. (ECHO)

ECHO (www.echo-inc.com) provides a complete solution to the payment processing needs of merchants, banks and collection agencies. ECHO's services include debit and credit card processing, check guarantee, check verification, check conversion, check re-presentment, and check collection.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in demand for the Company's products and services, the introduction of new products and services, the Company's ability to maintain customer and strategic business relationships, technological advancements, impact of competitive products and services and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

     Electronic Clearing House, Inc.
     Donna Rehman, 805-419-8533
     corp@ECHO-inc.com 
     http://www.echo-inc.com
      or
     Coffin Communications Group
     Crocker Coulson, 818-789-0100
     crocker.coulson@coffincg.com