This is a safe online payment service which was launched barely a decade ago, in 2007. It originated in the South American country of Chile, as a solution to the need to buy goods online from traders based in the United States. American merchants frequently did not accept overseas credit or debit payments. SafetyPay enabled Chileans to use their own bank accounts to make payments, which solved the problem. The service has since spread throughout the Americas and the western world, including Europe, where it has proved to be a popular way of making online payments and can also be used as a money transfer service. Within the United Kingdom, only Giropay is signed up to the service. This means that UK based citizens can use SafetyPay as a money transfer service to send cash overseas.
In fact, you don’t even need to have a credit or debit card to use this service to pay for goods or services online: all you need is a valid bank account. Once registered with your bank, all you need to do is look for the SafetyPay logo when you checkout at the online store, or when making a deposit at your chosen online bingo site or casino. You will then be directed via SafetyPay to your own bank, where you can authorise the purchase or deposit by logging in using your usual banking username and password. Just confirm the transaction and that’s it. It’s that simple.
The important difference between this service and other similar payment methods is that you don’t even need to sign up or register with SafetyPay. Instead, it’s all done via the internet banking service of your own bank. If your bank offers the service, all you need to do is to sign up for online banking at your bank. You don’t even need a debit card, because your authorised payments will be made directly from your own bank account. This is great for customers who lack a good credit score. Even if you do not possess a credit or debit card, or even an old school cheque book, you can still make online payments using this quick, easy and secure system.
There is also the additional advantage for customers that you do not need to manage a credit card balance, or fund external accounts like e-wallets. Instead, your payments are made directly from your bank account.
SafetyPay is therefore becoming increasingly popular across the world. The simplicity of the service, the ability to make payments online without needing even a credit or debit card, plus the ability to make simple money transfers means that it is a system anyone can use if they are signed up for online banking with a participating bank. The secure and confidential system is also a major benefit to security conscious customers who do not wish to disclose their vital confidential financial information.