PayPal alternative, finally

April 11th, 2008 by Steve Gerencser

Refer A Friend using Revolution Money Exchange I have made no secret of my dislike of PayPal. There has always been something loan sharkish about them. Often there is no recourse when they do something against you, they have become a haven for people of questionable ethics, and they are totally unregulated yet pretend they are a bank. I like my banks with rules I can count on.

Enter Revolution Money Exchange. Based in St. Petersburg, FL, RevolutionMoneyExchange is actually using accounts issued by a real bank with real rules! First Bank & Trust, Brookings, SD, is a real bank, a member of the FDIC, and is part of the Fishback Financial Corporation.

RevolutionMoneyExchange isn’t some basement operation either. Started by Steve Case, co-founder of AOL, it has received venture capital funding from Citi, Morgan Stanley, and Deutsche Bank.

Just to make their startup spectacular RevolutionMoneyExchange is giving everyone that signs up between now and April 15th gets $25, FREE! It also sends me $10 for the affiliate code used in these links, so please, use my affiliate code. Even if you don’t use my code, sign up, take the free money. And let’s start putting the hurt on PayPal. Maybe this will spur them in to adopting some real oversight. But I doubt it.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Propeller
  • Reddit
  • StumbleUpon
  • Technorati
  • Tumblr
  • Twitter

  1. 2 Responses to “PayPal alternative, finally”

  2. By Microsoft.NET development on Jan 8, 2009 | Reply

    I can’t trust the rules made by Pay Pal. Coz i have came across very bad experience.
    I have sold once domain and the money was transferred to my account from the person who bought that from me, but within hours he transferred the money back to his own account. I mean i lost the site and with that my money is gone. I think pay pal should change its some of the rules. This shouldn’t be allowed…

  3. By Found By Design Websites on Nov 18, 2009 | Reply

    I have never had a problem with Paypal and always am curious when reading other’s distain for Paypal. Yet, at the same time I am always on the lookout for alternatives, based both on price and just having other options for my clients. This sounds interesting, so I will have to check in to it.
    Thanks,
    Ed

Post a Comment