Form 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(fh) of the Investment Company Act of 1940	OMB APPROVAL
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[ ]	Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See instructions 1(b).		Estimated average burdenhours per response. . . 0.5

1. Name and Address of Reporting Person*Rehman, Donna	2. Issuer Name and Ticker or Trading Symbol Elecronic Clearing House, Inc. (ECHO)		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ___ Director ___ 10% Owner _X_ Officer (give title below) ___ Other (specify ~~title~~ below) ~~below)~~Corporate Secretary
(Last) (First) (Middle) 28001 Dorothy Drive	3. I.R.S. Identification Number of Reporting Person, if an entity(voluntary)	4. Statement for Month/~~Year09~~Day/~~2002~~Year01/08/2003
(Street) Agoura Hills, CA 91301		5. If Amendment, Date of Original (Month/Day/Year)	7. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	3. TransactionCode(Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)	6. Owner-ship Form:Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security(Instr. 3)	2. Transaction Date(Month/Day/Year)	2A. Deemed ExecutionDate, if any(Month/Day/Year)	3. TransactionCode(Instr. 8)		4. Securities Acquired (A) or Disposed of (D)(Instr. 3, 4 and 5)			5. Amount of Securities Beneficially OwnedFollowing ReportedTransactions(Instr. 3 and 4)	6. Ownership Form:Direct (D) or Indirect (I)(Instr. 4)	7. Nature of IndirectBeneficial Ownership(Instr. 4)
		~~Code~~	VCode	~~Amount~~V	~~(A)or(D)~~Amount	~~Price~~(A)or(D)	Price
common							~~1,250~~	D1,250	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instructions 4(b)(v). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. (Over)SEC 1474 (39-9902)

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1.Title of Derivative Security(Instr.3)

2. Conversion orExercisePrice ofDerivativeSecurity

3. TransactionDate(Month/Day/Year)

43A.Deemed ~~Transaction~~ExecutionDate, ~~Code(Instr.~~if 8any(Month/Day/Year)

4.Transaction Code(Instr. 8)

~~5. Number of DerivativeSecuritiesAcquired (A) or Disposed of (D) (Instr. 3, 4 and 5)~~

5.Number of DerivativeSecuritiesAcquired (A) or Disposed of (D)(Instr.3,4and 5)

~~6. Date Exercisableand Expiration Date(Month/Day/Year)~~

6.Date Exercisableand Expiration Date(Month/Day/Year)

~~7. Title and Amount ofUnderlying Securities(Instr. 3 and 4)~~

7.Title and Amount ofUnderlying Securities(Instr. 3 and 4)

~~8. Price ofDerivativeSecurity(Instr. 5)~~

98.~~Number~~Price ~~ofDerivativeSecuritiesBeneficiallyOwned at End ofMonth~~ofDerivativeSecurity(Instr. 45)

109.Number ~~OwnershipForm~~ofDerivativeSecuritiesBeneficiallyOwned ~~ofDerivativeSecurity:~~Following ~~Direct~~Reported Transaction(Ds) ~~or Indirect~~ (~~I)(~~Instr. 4)

1110.OwnershipForm ~~Nature~~ofDerivativeSecurity:Direct ~~ofIndirectBeneficialOwnership~~(D) or Indirect (I)(Instr. 4)

11.Nature ofIndirectBeneficialOwnership(Instr. 4)

~~Code~~

VCode

~~(A)~~V

(DA)

~~DateExercisable~~(D)

~~ExpirationDate~~DateExercisable

~~Title~~ExpirationDate

~~AmountorNumberof Shares~~Title

AmountorNumberof Shares

options

~~12,250~~

D9,750

options

$21.0030

12/09/~~13/~~2002

H01/08/2003

~~2,500~~200

~~09/13/1997~~

12/09/~~13/2002~~2003

~~common~~12/09/2008

~~2,500~~common

200

~~9,750~~

D9,950

options

$1.30

12/09/2002

01/08/2003

200

12/09/2004

12/09/2009

common

200

10,150

options

$1.30

12/09/2002

01/08/2003

200

12/09/2005

12/09/2010

common

200

10,350

options

$1.30

12/09/2002

01/08/2003

200

12/09/2006

12/09/2011

common

200

10,550

options

$1.30

12/09/2002

01/08/2003

200

12/09/2007

12/09/2012

common

200

10,750

Explanation of Responses:

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	/s/ Donna Rehman **Signature of Reporting Person	0901/1308/~~2002~~2003 Date
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number.

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