Top 10 UseMyBank Online Casinos

UseMyBank is an online payment service that has already had its time in the spotlight when it was featured on Dragon's Den on national TV in Canada. Since then, the company has gone from strength-to-strength and gained a firm foothold in its native Canada, and is used by many online casinos.

Founded in 2002, it is popular as users' credit card information is not shared with the online casino merchant. A credit card or bank account needs to be attached to a UseMyBank account, and then the service is good to go. UseMyBank simply acts as an intermediary to facilitate payment from the customer to the online casino.

About UseMyBank

About UseMyBank

UseMyBank (UMB) began offering financial services online in 2002. Over time, the owners provided services called UseMyFunds, for casino transfers and UseMyCards, a P2P sharing program for bank cards. In 2010, the company rebranded and is now UseMyServices (UMS). Once an internet titan, the service grew from a Toronto-based operation to a global payment provider. UMS continues to provide services across the globe.

By offering money transfer services from a customer’s online banking account directly to the casino, the company attracted top-tier financial institutions as partners. Clients across the web use the service to make purchases online or deposit funds into accounts at online betting sites.

About UseMyBank
Using UseMyBank to Gamble

Using UseMyBank to Gamble

UseMyBank provides a service specifically for online sports bettors and casino guests, termed UseMyFunds. Players easily transfer funds into an online casino account from an online banking account by using the service. The benefit of using this was that customers kept sensitive financial data, such as bank account numbers, private. In addition, the service is already integrated into the online banking accounts of many partner banks. If the user’s bank offered the service, he wouldn’t have to set up a separate UseMyFunds account.

Users simply logged in to online banking and transferred funds quickly and efficiently into the casino account to gamble. As a free service, UseMyBank was the perfect payment method for gamblers seeking a reliable, secure way to transfer and deposit funds. However, the service only catered to Canadian and UK citizens.

Using UseMyBank to Gamble
UseMyBank at Online Casinos

UseMyBank at Online Casinos

As a payment provider, UseMyBank wasn’t much different from using a debit card. Except, the service prevented the casino from obtaining private financial data. An account holder’s personal information remained confidential, which was the beauty of the service. Via the UseMyBank interface, users deposit funds, and UMB provides a detailed account of each transaction. These instant transfers helped to build the company’s multimillion client base over 20 years.

Since the company is branded as UseMyServices, the payment service offers an array of financial services, which include online money transfers. However, for decades, UMB served as a reliable substitute for credit cards. The ability for its users to remain anonymous provided its customers with a sense of security.

UseMyBank safely processes payments from trusted financial institutions. As an instant funding solution for merchants and customers, many online casinos offer UMB as an approved provider. After making a deposit, the customer receipt listed the local payment system in the user’s location and the name of UseMyFunds.

UseMyBank at Online Casinos
Deposit Methods Similar to UseMyBank

Deposit Methods Similar to UseMyBank

As an online money transfer pioneer, UseMyBank offered the blueprint for a new type of financial provider. Catering to daily internet users, the service’s astounding growth was a testament to its ingenuity. Online payment processors, such as Neteller and PayPal, also allow consumers to transfer money without revealing sensitive data to online merchants and casino websites.

Neteller

As a digital funds transfer service, Neteller allows customers to deposit money into online accounts. Many customers use the service to pay for goods and entertainment on the internet. For casino enthusiasts, the service offers a simple and effective way to deposit funds into an account while keeping financial information secure. Users may transfer funds to their bank account or directly to Neteller’s Net+ card.

PayPal

PayPal facilitates instant money transfers online, where users fund the account with a bank account or credit card. Account-holders may frequent online casinos to deposit money without revealing banking information.

Deposit Methods Similar to UseMyBank
Safety and Security at UseMyBank

Safety and Security at UseMyBank

With millions of customers in Canada, UseMyBank was once known for its reliability and secure transactions. The rebranded UseMyServices offers a service like the initial company by allowing customers to facilitate bank transfers via online banking. If a banking institution trusts a provider, it must meet the bank’s security standards. Since UseMyBank, aka UseMyServices, integrates with a customer’s online banking account, it’s likely safe.

For decades, the owners have provided services to millions of users across the globe. However, it’s crucial to confirm the website address for the business if accessing the company’s website outside of online banking. As of publication, UseMyServices offers services to customers in 55 countries, including the United States, the UK, and Ghana.

Growth

UseMyBank service offers innovative technology and processes to secure user accounts. The platform does not share financial information with merchants, who only receive the customer’s email address.

After securing a significant share of the Canadian market by winning over banks in the region, the owners expanded by bringing more than a dozen banks from multiple countries on board. Trusted by millions in Canada, the service attracts global users with its simplicity and effectiveness.

UseMyServices has come a long way since it launched more than 20 years ago as UseMyBank. From a small business to a global financial institution, UMB continues to offer comprehensive, secure financial services to casino-goers across the globe.

Safety and Security at UseMyBank

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