A Revolution In Online Money Transfer
The way we transfer money online could change with the launch of Revolution Money, an innovative new payment platform created to transform the payment industry by drastically altering the economics through Internet-based technology. The beauty of the idea is that it also looks at small everyday transactions, like collecting contributions for an office party, or getting a friend to pay his share of the dinner bill. And the big thing going for the company is that it has the backing of some of the world’s banking heavyweights. The whole thing is being fronted by Steve Case, the founder of AOL. Revolution Money introduced its first two flagship offerings – Revolution MoneyExchange, the first free money transfer service that powers online transactions, and RevolutionCard, the industry’s first anonymous, PIN- protected credit card. More in Tech Journal. Also of interest, an online financial comparison site Pertuity.