Paymate is a relatively new online banking institution, very much like PayPal. The difference is that these guys at Paymate will rip you off. Purchased a bumper from a fab company in Dallas. Used Paymate to make the online payment. The fabricator never got the money. Attempted contact with Paymate via phone (Number disconnected), and Email (no response). What's funny is that Ebay uses paymate as an accepted payment option. Anyway, word to the wise - absolutely do not use Paymate. Use PayPal instead.