On March 28, 2003, bankrate.com posted an article titled “What is online banking”. The article opened as follows
“If you’re like most people, you’ve heard a lot about online banking but probably haven’t tried it yourself. You still pay your bills by mail and deposit checks at your bank branch, much the way your parents did”
Have things ever changed for online banking! Online banking is now mainstream, you would be hard pressed to find anyone online who has not done or heard of online banking. The benefits of online banking of course are numerous; one does not need to repeat them … Continue Reading

eBillme, the only cash based alternative payment option that leverages online banking for eCommerce checkouts, online and in the call center, announced that the company has raised $12 million in a recently completed round of financing. The financing was led by the multibillion-dollar, global venture capital firm, Canaan Partners, as well as existing investor Celtic House Venture Partners, investors in software and Internet services companies. Maha Ibrahim, General Partner at Canaan Partners, and Pierre-André Meunier, P.Eng., Partner at Celtic House, will join eBillme’s Board of Directors.

“This … Continue Reading

Consumers plan to spend an average of $100-$250 online over the next 90 days according to the eBillme Online Spending Index, a quarterly survey examining consumer online spending released today by eBillme, the payment option that brings online banking to the checkout allowing consumers to pay securely online or in the call center with cash.

The eBillme Online Spending Index, conducted by Javelin Strategy and Research, and to be released quarterly by eBillme, polled 1,600 consumers to measure projected online spending for the quarter and the influencing factors including the economy, available payment options, security, and financial control. This quarter, … Continue Reading