Abstract: A transaction method and system comprising receiving a request to change a transaction channel or mode of an account having a plurality of transaction channels/modes from a first state to a second state; and changing the state of the transaction channel/mode to the second state in response to the received request is disclosed. The invention further discloses transaction facilitator for facilitating transactions in relation to an account having a plurality of transaction channels or modes, and operable to receive via the communication network a request from an owner of the account to change the state of a transaction channel/mode of the plurality of transaction channels/modes from a first state to a second state; wherein, upon receipt of the request the transaction facilitator is operable to change the state of the transaction channel to the second state.