The Toronto-based payment tech company currently specializes in ‘real time’ bank payments, a unique service that lets customers in 30 countries pay for their web purchases using their own online bank services. The service is much safer for the customer than traditional credit card or echeck services because the customer never enters any sensitive financial information on the merchant’s website. Conversely, the service is also safer for the merchant because the funds are debited from the shopper’s account in real time allowing the merchant to safely give the customer access to their purchase. —
UseMyServices’s new payment products include a newly developed ‘cash pay’ service, that will allow online shoppers to pay for their ecommerce purchases offline at more than 20,000 locations across Canada and the US. This new option lets consumers that do not have a credit card or bank account, or who simply do not want to use them, still enjoy the convenience and variety of shopping online.
The new cash pay option will be available before the end of the year. Merchant applications for the new services are being accepted at this time.
By mid Q1, 2013, the company will also be expanding it’s US bank network to give full coverage across the US for online bank payments, with access to not the only the top bank brands across the US, but also to many large regional banks.
Joseph Iuso, CEO of UseMyServices, states that “Cash payments are increasingly becoming the norm and we are excited to be able to offer such a unique option for consumers and merchants to transact.”
By the end of Q1, 2013, another 10,000 to 15,000 locations will be available for cash payment locations in the US, with planned expansion in Q2 to Mexico, Australia and the UK.
According to Melody Wigdahl, who heads the company’s merchant services division, “These new products are the result of feedback from both customers and merchants – customers want options today. You can’t run a successful ecommerce site and just accept credit cards – those days are long gone.”
Launched in 2002, UseMyServices today offers real time bank payments to online shoppers in 30 countries, with thousands of websites around the world accepting UseMyServices payments. It’s a safe and convenient payment solution for both the shopper and the merchant.
Available to more than 80% of the online banking customers in 29 countries, UseMyServices welcomes queries from PSPS, ISOs and Resellers.For more information and to apply for the Partner program, please visit us at https://www.usemyservices.com/merchant-information-request/
or contact Melody Wigdahl directly at melody [@] usemyservices.com for more information.
The complete list of all 29 countries can be seen at https://www.usemyservices.com/current-country-banks/
Release ID: 1526