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$25 Free Signup Bonus With Revolution Money Exchange - Alternative To PayPal! (US citizens Only)
Revolution Money Exchange is an on-line money transfer company that allows people and merchants to exchange money without paying fees. It’s free to register, add money, send money, receive money, request money and withdraw electronically to a bank account.
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May 3, 2008 (FPRC) -- Revolution Money Exchange is a new peer to peer money exchange program that plans to challenge PayPal by offering free on-line money transfers. That’s right. No more complicated fee structures to decipher (and pay!) when sending or receiving money on-line. I love the convenience of PayPal, but I hate paying the fees!
Here is a little information about the service and how you can get $25 just to try it out!
How is Revolution Money Exchange Different from PayPal? The biggest difference is in the fee structure, but there are several other notable differences. With Revolution Money Exchange, the only fees you will pay will be to receive a paper statement, withdraw funds via check, or if you mess up (withdraw too much, “bounce a check,” etc.). The good news is that you can use Revolution Money Exchange without being subjected to fees. With PayPal on the other hand, fees are practically unavoidable. PayPal’s fees are often substantial, and sometimes you don’t know what you will pay until you pay them.
With Revolution Money Exchange, there are also daily transfer limits of $1,000, and maximum monthly transaction limits of $2,500. The max you can keep in your account at any given time is also $2,500. This makes it less flexible for people using the accounts to run a business. There are also fewer merchants that currently accept Revolution Money Exchange transfers than accept PayPal. Account holders can only send and receive money with ACH transfers or transfers between Revolution Money Exchange accounts, there are no credit card transactions.
Is Revolution Money Exchange safe? Yes. It was important for me to research this before I signed up, because Revolution Money Exchange requires your social security number to create an account. Don’t worry, there is no hard credit check done using your SSN. It is clearly stated on the sign-up form - “This information is not used to review your credit history or to establish new credit.”
The account is issued by First Bank & Trust, Brookings, SD, Member FDIC and part of the Fishback Financial Corporation. It is also backed by Citi, Morgan Stanley, and Deutsche Bank AG, and brought in a $50 million venture capital round backed by Ted Leonsis and AOL Founder Steve Case.
Where can I use Revolution Money Exchange? You can use your Revolution Money Exchange account to transfer money to other members of Revolution Money Exchange, or you can sign up for their card which can be used at multiple merchants. The list is growing daily, as is the number of Revolution Money Exchange users.
How does Revolution Money Exchange make money? OK, it’s free to add money, send money, receive money… How does Revolution Money Exchange profit from this? First, the money held in your Revolution Money Exchange account does not earn interest for you. Your money is not in a savings account, though it is held at a bank. Second, electronic currency transactions are incredibly inexpensive to perform. That’s why so many banks offer free on-line bill pay. Finally, I’m guessing Revolution Money Exchange invests the money in it’s users accounts and earns interest on it while it is not being used. However, I’m not 100% certain on that last part, because I couldn’t find actual proof of that. However, I think that is a fairly reasonable assumption.
Get $25 free, just for signing up!
The best way for Revolution Money Exchange to gain traction against PayPal is to get the people’s attention and convince them their service is something they need. Then RME needs to get these new customers to begin using the service. To do that, Revolution Money Exchange is giving away $25 to every qualified new customer.
How do you claim your bonus? It’s easy - just click on the link below and fill out the requested information. All you have to do is sign up and you are good to go. One note: You will have the option of accepting the $25 bonus or requesting a different amount. Accept the $25, otherwise you won’t get the bonus!
Revolution Money Exchange $25 Sign Up Bonus
Refer others and get $10. If you have a Revolution Money Exchange account, you can receive a $10 referral bonus for each new customer that signs up through your link. It’s a nice way for Revolution Money Exchange to thank you for helping spread their business. There are a few rules - you are limited to $500 in referral bonuses per year, and a couple other things. Just be sure to read the fine print.
But you better hurry!!! Offer Ends April 15th! the offer has been extended to May 31, 2008!
Send an email to Nemiah Bynum of https://www.revolutionmoneyexchange.com/ReferAFriend/ReferAFriend_landing.aspx?referreremail=nemiahb@gmail.com 732 324-0681
Keywords:
Money Exchange, Money Processor
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