Advertisement
Promo

Online business Toolkit

Story: Online banking security standard 'by the end of 2005'

  • Previous comment

Posted by: Brian Crozier (Tuesday 18 October 2005, 1:03 PM)

  • Reply

Online banking has a new option.... We are the first and only company to leverage online banking to make instant online debit payments. Online banking is the fastest growing activity on the internet today. Our company, UseMyBank Services, revolutionized the payment industry for online Sellers and Buyers. Consumers with online banking can now make "Instant Online Debit Payments" to Sellers with UseMyBank. At the Seller's checkout, a Buyer selects their financial institution and makes an instant debit payment from their online bank.

This is great news for the 30-40% of consumers without credit cards and those who do not feel comfortable giving online merchants their credit card number.
Millions of Americans and Europeans now have the same choices. Sellers want that buying power and consumers love the new choices and control they have to make online purchases.

Almost every retailer offers debit payments in stores and the majority now pay that way. For any online seller to lose a customer because they are unable to process a transaction is costly and preventable. UseMyBank’s payment service has proven to increase online sales for merchants with credit card only sites by 10% to 30%. Today's consumers want full acceptance of all online payment methods and the same choices they have in the bricks and mortar world. Sellers with UseMyBank's debit solution now have another compelling reason for consumers to shop online with them over their competitors.

Latest company news:
http://www.usemybank.com/news.asp

Thank you for your time.

Sincerely,

Brian Crozier
VP Business Development
UseMyBank Services, Inc.
brian@usemybank.com
www.usemybank.com

  • Previous comment

  • Reply to this comment
  • Return to story
  • Report this as offensive


Full Talkback thread

Sentry Posts Blog

McKinnon lawyers seek judicial review

Lawyers seeking a judicial review for Nasa hacker Gary McKinnon lodged fresh evidence of his psychiatric state at the High Court on Thursday. Karen Todner, McKinnon's solicitor,... More

1 comment

Beware of keeping your head in the clo...

Information security professionals can look forward to a deepening appreciation for their skills as security continues to be recognised as an essential element for doing business in... More

1 comment

Civil liberties groups attack file-sha...

Civil liberties and digital rights organisations have strongly criticised Lord Mandelson's Digital Economy Bill. Liberty said in a position paper on Tuesday that the bill, part of... More

Post a comment

Google Chrome

Roundup: Full coverage of Google Chrome

The search giant has launched a beta of its own open-source browser, sending a clear challenge to Microsoft in the way it lets users work with applications More

Blog: Google Chrome has Microsoft's code inside, says MS manager

And furthermore, he says, that's a good thing... More

Blog: Google Chrome — nine things we've found since launch

Google must be very happy with the coverage Chrome has gathered. But it's not all good news... More


Skip Sub Navigation Links to CNET Brand Links

Help

Become part of the ZDNet community.

Newsletters