2010: a New Year, a New Brand for Toronto Payment Service
Summary
“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.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.“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.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.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.