PayPal alternative, Revolution Money Exchange, yes!
dgreene56
Posts: 206
Paypal is a great innovation and service and ebay has done a great job of integrating them into their auction checkout system. However, I have always felt that their fees for non-credit card funded transactions were too high. Sure, they should charge something but how much is their buyer and seller "protection" worth? Anyway, this new payment system, Revolution Money Exchange, might be able to give Paypal a run for their money as an alternative for us sellers who think Paypal has been, shall we say, a bit too greedy. At the very least, it might make them reconsider jacking up fees any more.
Best of all for basic transactions, it's FREE!
Revolution Money Exchange
This outfit is backed by Steve Case (AOL co-founder), Larry Summers (former Treasury Secy), and the former CEO's from Schwab and Mastercard.
I hope they get this going. I'd love to tell buyers that insist on using a credit card to go ahead and use Paypal but those that don't could use Revolution. I don't see where they have credit card capability at Revolution but maybe their idea is to penetrate with the FREE service and then add CC later?
Just an FYI for everyone.
Best of all for basic transactions, it's FREE!
Revolution Money Exchange
This outfit is backed by Steve Case (AOL co-founder), Larry Summers (former Treasury Secy), and the former CEO's from Schwab and Mastercard.
I hope they get this going. I'd love to tell buyers that insist on using a credit card to go ahead and use Paypal but those that don't could use Revolution. I don't see where they have credit card capability at Revolution but maybe their idea is to penetrate with the FREE service and then add CC later?
Just an FYI for everyone.
0
Comments
<< <i>but maybe their idea is to penetrate with the FREE service and then add CC later? >>
Déjà vu.
Russ, NCNE
<< <i>
<< <i>but maybe their idea is to penetrate with the FREE service and then add CC later? >>
Déjà vu.
Russ, NCNE >>
You left off, "all over again!!"
WH
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Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
The decline from democracy to tyranny is both a natural and inevitable one.
<< <i>Unfortunately, ebay protection for buyers and sellers depends heavily on ebay's ability to access paypal's database and visa versus. Paypal competitor's will not have this advantage which will probably result in less protection. The biggest plus in using paypal is all the protection. On a 1,500 coin it almost seems worth it. Besides, with all sellers building this cost into their price it ends up a level playing field. >>
Ebay does it this way on purpose. They can be required to share data with other payment systems.---Jerry