This service is aiming to replace Paypal as the standard of sending and receiving money online. From my research it seems the biggest advantage Revolution Money Exchange has over Paypal is account holders can receive money in a transaction with out a fee. Paypal is good but this new service sounds really great.
From the About Us section of their site:
Launched in 2007, a new payment network – Revolution Money – was created to deliver significant value to both consumers and merchants through two products, RevolutionCard and RevolutionMoneyExchange. The RevolutionCard eliminates costly interchange fees for merchants while simultaneously providing consumers with enhanced PIN-based security, identity protection, and periodic merchant discounts and incentives. MoneyExchange offers an easy and secure way to send and receive money online between accountholders for free. The accounts are issued by First Bank & Trust, Brookings, SD, Member FDIC and part of the Fishback Financial Corporation. These products are leading the transformation of the payment industry by providing secure, easy, and instant payment solutions to everyone.
Sign Up today and Get Your $25
It truly is only a "two minute registration" and once you're signed up you'll see the $25 in your account. Just like Paypal, you do have to enter your Social Security number and Bank Account information but that is expected so that money can be transferred properly to your account. Plus, you can earn $10 for each referral you send out who signs up.
Click this button and sign up now. My $25 (and whatever I earn from referrals) is going straight to my debt snowball plan.