In such a cut-throat industry, it is often quite hard to find a differentiating point between all the different companies which offer secure online funds transfer. As one of the newest payment options available, Click2Pay's business model is built around safety and transparency ? which both go hand in hand. With a general mistrust surrounding the electronic transfer of funds, particularly among newer users, transparency is incredibly important to allay fears of the potential mismanagement of one's funds. Click2Pay's customers have 24/7 access to all their transactions and can track their funds at their convenience. (Read More)

EcoCard is one of the latest trends in secure online funds transfer to hit the market. In a very competitive market, EcoCard has managed to secure the backing of many leading financial institutions throughout the EU. Operating as a virtual prepaid shopping voucher, this not only gives its customers peace of mind, but also access to a much larger infrastructure which has the potential to grow into many other related areas. EcoCard customers can transfer funds across the internet in a safe and convenient manner. (Read More)

EntroPay, as a subsidiary of Ixaris Systems Ltd., has the backing of one of the most successful financial institutions in the UK. Based in England and the UK, Ixaris has a strong history in the financial services market and therefore provided EntroPay with much capital and infrastructural backing. EntroPay was introduced into the market to answer the need for a non-discriminatory credit card. There are some banks who refuse to allow the transfer of funds to and from online gambling sites and other sites which they deem inappropriate. EntroPay allows account holders to access these funds, irrespective of how or where the customer wishes to perform online transactions. Provided that the customer has the funds at his/her disposal, no questions are asked. EntroPay is a private way for customers to shop online. (Read More)

ePassporte is no stranger to the secure online funds market. The business model is centred on the use of a virtual Visa account. Any company which has the backing of the most successful credit card companies in the world already has a certain amount of reputability. By linking all transactions to a credit card, there is no chance of a bank rejecting a transaction. Some banks do not allow certain transactions to take place - most notably when it comes to online gambling. The ePassporte is a way around this. Although the company does target a large sector of the online gambling community, the card can also be used to perform any other online transaction such as online shopping and the paying of subscription fees. (Read More)

Moneybookers is another secure online funds transfer company which offers its customers something slightly different. Based in the UK, the company allows its customers to transfer funds via their own e-mail systems by use of debit and credit cards, as well as transferring money to and from their own bank accounts. Starting out in June 2001, Moneybookers has grown to become a serious force in the online funds transfer market with over 3 million users at present. With Gatcombe Park Ventures Ltd. as its holding company, Moneybookers has the financial backing to offer a professional and seamless service to its customers. (Read More)

Starting out in 1999, NETeller has consistently stayed ahead of its competitors by means of offering a truly outstanding service. With the surge in e-commerce towards the end of last century, NETeller started its operations as a result of the high demand for a secure online funds transfer company. As NETeller grows, so do more online merchants adopt NETeller as a payment option. This has resulted in millions of new signups. Customers do not wish to change between payment methods while shopping online. NETeller allows its customers to stick to one payment method due to its unrivalled reach. (Read More)

PayPal is one of the better known secure online funds transfer companies around today. Due to the explosion in e-commerce, PayPal was founded in 1998 to meet the demands of a very hungry online shopping market. After surviving the dot com crash PayPay consolidated and strengthened. It was bought over by eBay in October 2002 and this added to its already strong position in the market. eBay is one of the top online shopping sites and is synonymous with most online purchases of any kind. All customers need is a valid e-mail address and funds can be transferred quickly and safely from one party to another. (Read More)

PaySpark's corporate policy is based on two very strong pillars: safety and credibility. Online fraud is one of the biggest challenges facing secure online funds transfer companies and online shoppers/merchants alike. This is why PaySpark has invested a lot of time and capital into the security of their service. PaySpark caters for the shopper to merchant market, as this is a very large chunk of the e-commerce market. Credibility is of paramount importance for a company to survive - especially when it comes to dealing with the transfer of large sums of money. (Read More)

UKash is payment system that has been launched in the United Kingdom and in countries all across Europe. It aims to provide easier and more convenient ways of transacting online whether it is for shopping and purchasing items online or for other such activities such as online gaming and so on. This service permits people to pre pay for products and services using UKash. The UKash system has special UKash vouchers that function as real money. Each voucher has a unique 19 digit code which can be used in the checking section of the merchant website. Today many line services use UKash vouchers including Skype, Sportingbet, Xrost.biz as well as many other websites such as a large number of online casinos. (Read More)

Many companies offer a very similar service in the secure online funds transfer market. Instead of trying to offer something unique within an already saturated market, the founders of UseMyBank instead went the other way and invented a new system all by themselves. This is known as an alternative secure funds transfer method. Account holders are able to use their own bank accounts to shop online. The company has based its principles on basic banking rules and by keeping it simple, account holders are able to shop with ease. Furthermore, one must assume that shoppers are comfortable with their own mainstream banking accounts. With this in mind, UseMyBank has leveraged this fact by keeping their customers within their own comfort zones. (Read More)