UseMyBank was founded in Toronto, Canada in 2002, as an innovative alternative to established forms of online payment. Its purpose was to streamline remote payments by avoiding the use of credit cards and instead using the customers’ bank accounts to make payments directly, while protecting their personal details. Since that time, UseMyBank has expanded its services to include two branches – UseMyFunds and UseMyCard. This necessitated a name change to better describe the company’s new dual focus. It has been called UseMyServices Inc. for quite a few years, but consumers and merchants tend to still refer to it by its original name.
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