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UseMyBank / UseMyFunds

UseMyBank / UseMyFunds

UseMyBank is a long-standing online payment method that recently changed its name to UseMyFunds. It has been providing a secure online payment method to Internet users since 2002, and has established a track record of reliability and integrity.

It gives anyone with a bank account and an Internet connection the ability to safely, conveniently and easily pay for all kinds of goods and services offered by thousands of online sellers (from software to online gambling to music to books) without having to give out your banking or credit card details to the website you are purchasing from. High-grade anti-fraud technology is built in to the UseMyBank service. Combined with the aforementioned elimination of the need to provide your own banking details when making online purchases, it provides a solid layer of security protection that you can rely on with confidence.

The way it works is very simple. You register a UseMyBank account and then register your banking service so that the two are connected. When you want to purchase something online you simply use UseMyBank as your payment method. The funds are deducted from the banking service that you specified. It’s that easy. Your transaction occurs in real time, so you don’t have to wait to download the items you have bought, or to have the delivery process started. You receive a receipt of payment so that you are able to keep track of all your purchases – available in your secure account login section on the UseMyBank website. It’s always accessible to you, no matter where you are.

To further protect you, you are also given the ability to approve the payment from your own banking service. The UseMyBank website provides a comprehensive list of all the banking services in different countries that it works with, which includes a vast array of international and country-specific banks, with everything based on a debit service. This means you also don’t incur interest charges from using your credit card.

The UseMyBank website provides a helpful FAQ section where you can find out more about this online payment method and the services available to you as a consumer. You are not charged fees by UseMyBank (although bank charges from your own bank may well be charged by that institution, in line with the normal debit charges that you always pay).

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