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The online finance industry needs a makeover. Like any product or service presented to consumers, it's all about image. A new report by Javelin Strategy and Research shows that the online finance industry is suffering from an image problem. According to the latest Javelin Online Finance Update, consumers by an 8 to 1 margin are letting their fears about online identity theft limit their expanded use of online financial services. "Their number one fear is risk," Javelin's founder and chief analyst, James Van Dyke, told the E-Commerce Times.
Re: For Online Finance, Image Is Everything
Posted by: UseMy 2004-07-22 05:37:49 In reply to: Jack M. Germain
UseMyBank is the world's first and only company offering consumers the ability to make instant online debit payments from online banking.
The payment industry has been revolutionized by leveraging the existing online banking systems of major banks to facilitate real-time instant debit payments (equal to cash). UseMyBank’s payment service has proven to increase online sales for merchants with credit card only sites by 10% to 30%. US and European Banks are being added to offer Sellers and Billers worldwide service.
For a online merchant to lose a customer because they were unable to process a transaction is costly and preventable. Today's consumers want full acceptance of all online payment methods and the same choices they have in the bricks and mortar world. Sellers with UseMyBank's debit solution now have another compelling reason for consumers to shop online with them over their competitors. www.usemybank.com
The payment industry has been revolutionized by leveraging the existing online banking systems of major banks to facilitate real-time instant debit payments (equal to cash). UseMyBank’s payment service has proven to increase online sales for merchants with credit card only sites by 10% to 30%. US and European Banks are being added to offer Sellers and Billers worldwide service.
For a online merchant to lose a customer because they were unable to process a transaction is costly and preventable. Today's consumers want full acceptance of all online payment methods and the same choices they have in the bricks and mortar world. Sellers with UseMyBank's debit solution now have another compelling reason for consumers to shop online with them over their competitors. www.usemybank.com
