2010: A New Year, A New Brand For Toronto Payment Service

Toronto based UseMyBank launches expanded services, new look and new name in 2010.

January 14, 2010 (Toronto, Ontario)

The New Year is bringing more than just a new decade for Toronto-based UseMyBank - it's bringing a whole new 'face' to the company. And that includes a new name, a new website and a new line of payment solutions.

"2009 was a year of tremendous growth for us," stated CEO and founder, Joseph Iuso. "The new name, UseMyServices, more accurately reflects our new, expanded line of processing solutions that we will now be offering to our international merchants and customers."

The company's flagship product, will still bear the original company name, UseMyBank. Powered by UseMyServices's proprietary, user-friendly technology, it allows consumers to pay for goods and services using their online banking service, without exposing sensitive financial information to the online merchant. The funds move from the bank account in real time, dramatically lowering the risk of the more traditional ACH or ECheck, which typically take 3 to 5 days to clear.

Two new additional 'white label' products have also been launched: UseMyWidget, and UseMyServices. Both new offerings are geared towards merchants that want to use their own branded payment solution.

"We've been working with a number of enterprise level merchants, and payment processors this past year," said Iuso, "so developing the 'white-label' platform was the next logical step for us. Our technology is very flexible, and makes an excellent, easy to integrate addition to virtually any processor platform. It's the next step for companies that are looking to offer their merchants something beyond the typical ACH or EFT service."

2009 also saw the addition of Australia, Switzerland, Germany, Belgium and Poland to the platform, with Mexico scheduled to be added in Q1 2010.

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About UseMyServices, Inc. :
Launched in 2003, UseMyServices, Inc.'s proprietary platform lets the online consumer pay for their online goods and services directly from their online banking service, quickly and securely, while allowing the online merchant to expand their global reach without increasing their risk. Visit us at http://www.UseMyServices for more information on both Consumer and Merchant services, as well as our new White Label offerings.