UseMyBank Expands Global Reach to More Than 1.75 Billion Online Banking Customers
Toronto, Canada, April 22, 2009 --(PR.com)-- Toronto-based UseMyBank announced another system expansion today, adding Germany, Switzerland and Australia to the list of countries currently served, bringing their global reach to more than 1.75 billion online banking customers around the world.
“UseMyBank is perfect for merchants that want to expand in countries where credit cards are not widely used,” says Joseph Iuso, CEO/Founder of UseMyBank. “It's also a great payment option for industries that have been hard hit by recent increases in credit card fees and reserves, such as the travel industry. We have a 99.999999% Good Funds Model - so we don't need to hold reserves. This could add 10% to 20% to the average travel company's cash flow!"
Established in 2002, UseMyBank is the first company to bring together ecommerce and online banking with a proprietary platform that allows online banking customers to pay for their ecommerce purchases in real time using their own bank account. Unlike bank drafts, wires, EChecks or ACH - UseMyBank’s real time transfer means that customers making a purchase online can be credited immediately for their purchase.
UseMyBank services are currently available to online banking customers in Canada, United Kingdom, Netherlands, Austria, Australia, China, Poland, Switzerland and Germany, with Mexico, Brazil and Venezuela scheduled to be added in Q2, 2009.
About UseMyBank:
Established in 2002, UseMyBank is the first company to bring together ecommerce and online banking with a proprietary platform that allows online banking customers to pay for their ecommerce purchases in real time using their own bank account. Now recognized as a leading online payment solution for travel and entertainment, UseMyBank services are currently available in 9 countries, reaching more than 1.75 billion online banking customers, across a wide spectrum of global ecommerce sites.
For more information, visit them on the web at http://www.UseMyBank.com
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“UseMyBank is perfect for merchants that want to expand in countries where credit cards are not widely used,” says Joseph Iuso, CEO/Founder of UseMyBank. “It's also a great payment option for industries that have been hard hit by recent increases in credit card fees and reserves, such as the travel industry. We have a 99.999999% Good Funds Model - so we don't need to hold reserves. This could add 10% to 20% to the average travel company's cash flow!"
Established in 2002, UseMyBank is the first company to bring together ecommerce and online banking with a proprietary platform that allows online banking customers to pay for their ecommerce purchases in real time using their own bank account. Unlike bank drafts, wires, EChecks or ACH - UseMyBank’s real time transfer means that customers making a purchase online can be credited immediately for their purchase.
UseMyBank services are currently available to online banking customers in Canada, United Kingdom, Netherlands, Austria, Australia, China, Poland, Switzerland and Germany, with Mexico, Brazil and Venezuela scheduled to be added in Q2, 2009.
About UseMyBank:
Established in 2002, UseMyBank is the first company to bring together ecommerce and online banking with a proprietary platform that allows online banking customers to pay for their ecommerce purchases in real time using their own bank account. Now recognized as a leading online payment solution for travel and entertainment, UseMyBank services are currently available in 9 countries, reaching more than 1.75 billion online banking customers, across a wide spectrum of global ecommerce sites.
For more information, visit them on the web at http://www.UseMyBank.com
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Contact
UseMyBank.com
Melody Wigdahl
513.922.6158
http://www.usemybank.com
Melody Wigdahl
513.922.6158
http://www.usemybank.com
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