UseMyBank's Payment Alternative

Toronto, Ontario – In response to the ongoing credit card problems facing the adult industry, UseMyBank Services, a Canadian financial company, is offering a billing solution with zero charge backs that can help legitimate content sites accept instant payments from their clients that have online banking.

“I know the industry is having a lot of problems processing payments and our company has the tools to help make webmasters more money.” Said Brian Crozier, Vice President of Business Development for UseMyBank Services, adding “We are the world's first and only company offering North Americans the ability to make instant online debit payments. We have revolutionized the payment industry by leveraging the existing online banking system of the major banks in North America to facilitate real time instant cash-like payments.”

UseMyBank allows buyers to use their existing online banking ‘bill payment’ service through each of the supported banks in order to make payments to registered sellers. Sellers sign up for a UseMyBank account and can accept instant online payments in minutes.

Unlike some other alternative payment systems, buyers do not have to sign up with UseMyBank to make their payments to sellers. The fully automated process is similar to their regular online bill payment methods. Another difference is that sellers are notified online and in real-time of the payment. This allows the seller to deliver the product or service right away. In essence, the buyer makes an immediate online payment with the funds directly debited from the selected account.

UseMyBank launched on December 12th, 2002 with all the major Canadian banks, and has been operating successfully ever since, adding 1000's of sellers to its roster. The largest merchants and billers are creating a huge buzz at their banks about this innovative service. Merchants who accept credit cards can increase their online sales by 20% by now including UseMyBank’s instant debit function.

UseMyBank offers over 8 million online accounts in Canada that can use their service today, and are adding 30 million US online accounts starting in January, with an expected doubling of online banking in the next two years to 60 million in America alone.

For further information, please visit the site at http://www.usemybank.com/

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Justices Alito, Thomas Invoke Victorian-Era Morality Law, Raising Censorship Concerns

Several national publications reported this week on widespread concern among Free Speech advocates after U.S. Supreme Court Justices Samuel Alito and Clarence Thomas repeatedly invoked during a hearing the infamous segregation-era law the Comstock Act, which was the cornerstone of U.S. censorship of sexual material from the 1870s until the 1970s.

Skinfluential Management's FansFuel Acquires Fanwire

Creator stats and affiliate marketing platform FansFuel has acquired creator account management tool Fanwire.

Nebraska AV Bill Moves Forward Despite Privacy, Free Speech Concerns

Nebraska’s unicameral Legislature has given first-round approval to LB 1092, the state’s version of the age verification bills being sponsored around the country by anti-porn religious conservative activists.

AEBN Celebrates 25th Anniversary

The Adult Entertainment Broadcast Network (AEBN) is celebrating its 25th year in business this week.

Performers in Meta Blacklisting Lawsuit Seek to Preserve Antitrust Claims

Adult Performance Artists Guild board officers Alana Evans, Kelly Pierce and Ruby have informed a California court that, although they want to drop their lawsuit claiming that Meta conspired with OnlyFans to blacklist rival premium fan platforms’ talent, they may still pursue antitrust claims in the future.

FSC, Co-Plaintiffs to Ask US Supreme Court to Review Constitutionality of Texas Age Verification Law

Free Speech Coalition (FSC) and its co-plaintiffs in the challenge to Texas’ controversial age verification law have petitioned the United States Court of Appeals for the 5th Circuit to stay its recent decision upholding the law, because they intend to appeal to the U.S. Supreme Court to review the law’s constitutionality.

FSC Vows to Fight Florida Age Verification Law

Free Speech Coalition (FSC) has issued a statement vowing to continue fighting Florida’s new age verification law, which was signed by Gov. Ron DeSantis on Monday as part of a comprehensive bill targeting minors’ use of social media.

Kansas Republican Aims to Create New Bureaucracy to 'Investigate' Porn Websites

Republican state legislators succeeded Monday in moving forward Kansas’ version of the age verification bills being sponsored around the country by anti-porn religious conservative activists, despite serious concerns raised by House Democrats about the cost of establishing a new bureaucracy tasked with investigating websites for pornographic content.

SK Intertainment Launches 'Skinfluential Management' Agency, FansFuel Joint Venture

Mr. Skin/Mr. Man parent company SK Intertainment has launched new creator agency Skinfluential Management, as well as a new joint venture with Showbizz Media's creator stats and affiliate marketing platform, FansFuel.

Industry Attorney, Free Speech Champion Clyde DeWitt Passes Away at 75

Noted industry attorney Clyde DeWitt passed away on Friday in Las Vegas at 75, according to friends and colleagues.

Show More