UseMyBank is one of the leaders in the field of alternative secure online payment methods. E-commerce transactions have exploded exponentially over the past few years and this has subsequently led to the explosion in secure online funds transfer options. Unfortunately, many of these companies offer a very similar service. UseMyBank has realized this business opportunity to offer a unique service, thereby capturing a slice of the online shopping market. Instead of UseMyBank trying to reinvent the online banking wheel, the company allows customers to use their existing bank accounts to perform online transactions. The company’s marketing plan is based on using the fundamentals of banking and adapting it to online banking.
Benefits for the Seller
UseMyBank allows for direct online payment for over 12 million users with the use of their personal banking accounts. The costs are also some of the most competitive on the internet, with only $1 being charged to activate an account. The transfer of funds is also free of charge.
The Buyer
The buyer using UseMyBank is has complete control over all payments from their private bank accounts. Buyers can also choose the method of payment that best suit their individual needs. There is no signup process required for UseMyBank customers and therefore privacy is guaranteed. This is because customers already have valid bank accounts. Furthermore, all payments are free.
The Biller
The system offered by UseMyBank is completely automated so that online transactions occur in real time. One of the strongest pull towards UseMyBank is that merchants are able to keep their own branding. For a company that has invested a lot of capital in the development of their brand, this is a very important aspect. Although most secure online funds transfer companies compete with banks for a share of the market, UseMyBank has positioned itself as a partner to the banks.
The Affiliate
Affiliates are able to gain a 5% commission on fees generated by referring new sellers. There are no start-up fees and no signup necessary.
Security
Using UseMyBank is as safe as using any bank. This is because all transactions employ the host bank’s security systems. If a customer trusts their own bank, then the same trust should be placed in UseMyBank.
Conclusion
UseMyBank has managed to streamline the entire banking process so that customers now have a real and viable alternative to the existing secure online funds transfer services. Online shoppers are already comfortable with the use of their own bank accounts and UseMyBank operates like an added benefit and not as a separate entity. Customers are able to perform transactions using checks, debit cards and credit cards. With millions of satisfied customers staying loyal to UseMyBank, the company will continue to grow. Click here to visit UseMyBank official website.
Below are casinos, poker rooms and bingo sites that accept UseMyBank payments. |
