Based in Toronto, UseMyBank is a payment alternative that offers "freedom from the credit card". When you open an account with UseMyBank your transactions will be anonymous but it will be as easy to do as if you were paying with your credit card.
What customers like about UseMyBank is their dedication to provide top-class security and the efficiency of the service. Rarely has it been heard that there was a problem with UseMyBank and if so, they have a great customer support team.
Easy to Use. UseMyBank can be used as easily as you would use your debit card for a purchase. You are not required to give out any personal information and all you need is to have money in your bank account and this method will facilitate the "use" of your bank for the merchant.
Security. UseMyBank has security as one of their top concerns. They assure that any information that you give will be completely safe. The Canadian government monitors their privacy policies and regular audits are performed to ensure that customers' information is safe. UseMyBank also has firewalls and 'backbones' that can only be accessed by a limited number of authorized staff. They are said to have one of the top fraud detection systems.
Instant Transfers. UseMyBank will not have you waiting around the clock for that deposit to be made, your funds will be available almost immediately.
Not Available to US Players. At the moment, UseMyBank does not offer its services to American residents.
No Withdrawals. Even though UseMyBank is an excellent deposit method, it is not a withdrawal method.
Languages. At the moment UseMyBank only supports English as a language.
Currencies. UseMyBank processes transactions in US Dollars and Canadian Dollars. The number of countries they cater for is also limited.
UseMyBank is a dedicated company to provide good electronic payment services to their clients. Unfortunately, they only cater to a short selection of countries but if you are in one of them we recommend that you give it a go.