Finally PayPal has some competition! It's called Revolution Money Exchange! It's currently in Beta form. Revolution Money Exchange is the new way to send and receive money online between Money Exchange account holders. It’s a great way to exchange money with friends, colleagues, or online sellers. Share restaurant, travel, or household expenses. It’s easy, secure and, best of all, it’s FREE to register and FREE to send and receive money between Money Exchange account holders. I know that some of the gpt sites are seriously considering adding Revolution Money Exchange as a payout option.
You'll want to get in on this one now because if you sign up before February 29th you'll immediately get $25 deposited into your Revolution Money Exchange account! Who doesn't love free money?!! I have done this and received my money without any problems!
If you are interested in signing up for this service, shoot me an email at chosenwoo@yahoo.com. I will then send you an invite. Please note that you should email me with the email that you would use to sign up for this service for the process to proceed smoothly.
Still not sure?
Here's more info:
- FREE to register for an account
- FREE to add money from your bank account
- FREE to send money
- FREE to receive money
- FREE to request money
- FREE to electronically transfer money to your bank account
- A transaction fee applies for check withdrawals ($2.50 per check), check stop payments ($20 per check), paper statements ($5 per statement), ACH returns ($35 per returned ACH), and overdrafts ($35 per overdraft).
- Must be at least 18 (some states require you to be 19)
- Must be from the US
MoneyExchange does not charge you any fees for electronically adding money to your account or electronically transferring money to your linked bank account. You should check with your bank to determine whether they will charge you any fees for adding or withdrawing money from your MoneyExchange account.
How about security?
Our number one priority at Revolution Money is to maintain a high level of security, as we know protecting your financial information is a primary concern when registering with our service.
You might wonder why we ask for certain pieces of information that you may be nervous to share, such as your Social Security Number. We would not ask for any information that was not necessary to enable the security we promise to you. Also, to help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
With identity theft on the rise, we use your Social Security Number to confirm your identity by cross referencing it against other personal data you provide. This way, if someone were to get a hold of your Social Security Number, a Money Exchange account could not be set up in your name without knowing your other personal information. So, sometimes it may seem as if you have to share more information about yourself, but in the end it actually protects your financial information to an even greater degree.
Finally, we have set limits on adding, sending, and receiving, money to or from your account to help guard against fraud. It’s not that we’re trying to control your spending behavior. We came up with the idea of Money Exchange because we wanted to make it easier for you to exchange money with others, not to impose limits. But we also have to be concerned about fraud, so we have set up limits on how much money can move between accounts each day to limit the risk that there is any fraudulent behavior. Again, protecting your money is our utmost priority.
RevolutionMoney takes the security of your transactions very seriously. We use advanced security technology to help guard against unauthorized access to your accountholder data. All MoneyExchange transaction information is transmitted with a Secure Socket Layer (SSL) connection via the Internet. SSL is a protocol for transmitting sensitive information over the Internet using an asymmetric cryptographic system that uses two keys – a public key that is used to encrypt the data and a private key known only to the recipient to read the encrypted message. SSL encrypts your personal information before it leaves your computer, ensuring no one else can read it.
In addition, we provide protection against unauthorized use of your account by requesting a personal identification number (PIN) before authorizing any transfer of money, thus ensuring an extra layer of security. We use the PIN to generate a 128 bit key that is used to encrypt the message with state of the art encryption algorithm. Once the message is encrypted, your PIN is no longer necessary and thus not stored or transmitted. And on top of that, the whole process is secured via a multi-factor authentication process.
I hope to hear from you soon! :)
