Comments on: Revolution Money Exchange vs. Paypal

By: Teds Take » Blog Archive » Gather Little by Little

Teds Take » Blog Archive » Gather Little by Little — Mon, 02 Jun 2008 16:11:28 +0000

[...] friend just sent me this link to a blog post and comparison of Revolution Money vs. PayPal. Thank you. This is a good [...]

By: Justin

Justin — Mon, 05 May 2008 15:24:30 +0000

Paypal doesn’t charge to send money. They also don’t charge to receive if you are using it the same way as you would this Revolution place. I.e. don’t have a business or premier account and you are only accepting cash payments, and not CC.

By: Bob

Bob — Fri, 02 May 2008 21:52:24 +0000

The requirement for one’s SS# is a deal breaker for me. And it is completely unnecessary. There’s no way I’m coughing up my SS# to some start-up that may be gone tomorrow. This is a huge mistake on their part… they’ll never reach critical mass as long as they require a SS#.

By: Make Friends, Earn Money

Make Friends, Earn Money — Thu, 01 May 2008 18:47:53 +0000

I’ve heard lots of people talking about Revolution and it sounds great. The main problem at the moment is that it isn’t universally accepted and most of the people i send money too don’t use it. It’s a bit like Microsoft V Apple Mac. When it starts becoming more mainstream i’ll give it a go. I like you have summarised it well though, great job

By: Nicole

Nicole — Wed, 30 Apr 2008 23:20:31 +0000

Thanks for clarifying this… I’ve been wondering about Revolution Money Exchange for awhile but I kept forgetting to look it up. I’m going to sign up now for the free $25!

By: glblguy

glblguy — Wed, 30 Apr 2008 10:00:46 +0000

@paidtwice – I agree, they are still in the early stages, but for $25 bucks and no fees, I’m ok with dealing with the growing pains.

By: glblguy

glblguy — Wed, 30 Apr 2008 09:59:27 +0000

@ChristianPF – No they don’t. Good point though, as I should have mentioned that. I don’t keep my money in either my Paypal or RME accounts, I transfer it over to my ING savings pretty quickly.

By: castocreations

castocreations — Wed, 30 Apr 2008 02:20:18 +0000

I signed up last week for the $25 bonus. A few shops on Etsy (including me) have started accepting RME as a payment option. I haven’t had anyone ask to use it yet but at least it’s an option.

By: ChristianPF

ChristianPF — Wed, 30 Apr 2008 01:16:37 +0000

Hey GLBL,
I have heard of them but didn’t know what they were, thanks for sharing… I may have to give them a try – paypal fees are a little too high – so it is good they are getting some competition…
Does RME pay interest on the cash in the account?

By: paidtwice

paidtwice — Tue, 29 Apr 2008 12:07:51 +0000

My first three transactions went fine. But I am getting ready to write a post about RME, especially my most recent experience – because it is not going so well. It shouldn’t take 2 weeks to transfer money out of my account.

RME has a lot of growing up to do, I think.