Usemybank
Usemybank has recently changed its name to Usemyfunds and is a popular online debit payment solution. They offer solutions that service both merchants and consumers. Merchants that have a merchant account with Usemybank can accept payments worldwide from customers that also have Usembank accounts. Usemybank offer two types of main products, the first is called Usemyfunds and allows users to transact through their personal bank accounts. Users can pay for all their online purchases using their service and the biggest benefit is that its completely safe and secure as you are not inputing your credit card details at the merchant site when you make a purchase. Essentially, its another securoty layer and convienient option for consumers.
The other product that Usemybank offer is called Usemycard. Essentially this is a global debit card that users can withdraw funds from at any ATM machine around the world. The card can also be used to make online purchases. The bank charges on the card are considered to be similar to normal bank charges so this is a big plus for using Usemybank. Again though, as the name suggest, Usemybank is most often used to make wire transfers in and out of your own personal bank account and at the time of writing, this option can still be used by North American poker players to deposit and withdraw funds from their accounts. |