Revolution MoneyExchange (US) $25 (exp 4/15/08)

This is not PPC advertising - related, but it is about making few bucks. Revolution Money Exchange is trying to place itself as a viable alternative to money processing companies like PayPal and OboPay. One immediate advantage stands out right form the start - no fees if both parties are Money Exchange members. I can see that being a huge selling point in trying to woo business away from established sites that charge excessive fees, like PayPal.

Money Exchange assures customers that it fully insures its funds. It also lists a large number of free transactions, only charging fees for transaction involving paper (like check transfers or paper statements) or the involvement of someone's time on their staff (things like ACH returns and overdrafts that require processing). The list of free services includes:

• register for an account
• send & receive & request money
• free money transfer to/from your bank account

A transaction fee applies for check withdrawals, check stop payments, paper statements, ACH returns, and overdrafts. Sending limit: $1000/day USD ($2500 per calendar month). Services backed up by FDIC insured bank, which is good (First Bank & Trust). However, you’ll have to submit your Social Security Number to verify your identity, so I had to do a little digging first. According to this article in American Banker, it is backed by Citi, Morgan Stanley, and Deutsche Bank AG, which participated in a $50 million venture capital round. The parent company was formed by bajillionaire Steve Case, co-founder and former CEO of AOL, and the son of the former CEO of Mastercard. Also, there is no hard credit check done using your SSN. It says clearly at the top “This information is not used to review your credit history or to establish new credit.” Get $10 for accounts you refer — up to $500 - which is what i am doing now. Here is my account with $25