Free $25 for Signing Up with Revolution Money Exchange
Looking for a quick easy way to make $25? Well, how about getting paid $25 just for setting up an account with a new company that’s been called the “PayPal Killer”?
There’s been lots of recent buzz in the Blogosphere about a new company called Revolution Money Exchange which is well funded by VC’s like Citi, Morgan Stanley, and Deutsche Bank. Their board of directors has internet pioneer, Ted Leonsis and Steve Case (co-founder of AOL) so you know it’s a legit operation.
For those of you who use PayPal, you know they charge a certain percentage on whatever transaction you make. For example, if you try to pay back your friend $100 for that dinner last night you have to give PayPal 3% or $3 of that $100. The nice thing about the Revolution Money Exchange is that they don’t charge you a dime!
Here’s a screenshot of my dashboard after I signed up and got my $25 free bonus. The signup process only took me a few minutes and I’m still waiting for RME to deposit a small amount into my bank account to verify and complete the entire account setup.
Their site is a little slow I’m guessing because of the popularity so you’ll need to be patient. The only caveat is you need to have a US address otherwise you don’t qualify for the bonus. I’m sure once they gain enough momentum, they will open it up for other countries as well.
You can also make up to $500 in referral bonuses if you invite your friends, family, co-workers, etc. The more people you tell about MoneyExchange, the more bonuses you can get. You will get a $10 referral bonus for each person who registers from your referral and is approved. And they’ll get $25 just for opening an account before April 15, 2008 May 15, 2008. I just got off the phone with their customer service department to confirm but it’s true, they’ve extended the $25 bonus for another month!
You can’t beat that deal since everybody wins! Seems to be a big price for RME to pay for each customer but they are banking on the future of you using their services.
After you sign up, make sure to click on their “refer a friend” link and start telling all your friends and family about this program. It’s a great way to make some easy money! Just remember the deadline is coming up quick (5/15/08) so get them to join asap. Enjoy!
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10 Responses to “Free $25 for Signing Up with Revolution Money Exchange”
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Thanks david. It will be great to get a competitive rival of paypal.
note: that site not support outside united state 😥
@Jaxter, yeah that is the main limitation which I mentioned in the article. I’m sure once they get ramped up they will expand into other countries and offer this promotion again.
But I think this is open only fr residents of USA!
It has been amazing to grow any business on the Internet, I need to market strategically to my customers, using a range for tools from content sharing to email marketing, search engine optimization, co-branding, ad buys, and more, to reach your target audience.
Revolution Money is going under. They have run out of money. The Board of Directors and Executive Management are to blame. The Board tried to drive accounts with a huge marketing spend. This is typical of AOL where the business model was to drive accounts and not take care of the customer.
One problem was they didn’t take care of the customer or look for long-term value and the user interface required an overhaul or temporary band-aids. None of which were done. The online interface was actually an AOL-esque application and not a web-based interface.
Online issues were identified early yet there was no course correction. The senior management and directors did not have experience with an immature online business that needed to take care of the customer. Directors and VPs were hired who had little or no online experience. Several VPs was upset that they did not have a secretary to manage their schedule.
While the business model was solid, the executive management did not have the expertise to run an integrated online and direct marketing campaign. While their response will be – failure was caused by an economic downturn, this is far from the truth. For example, the executives gold-plated the IT operation, installed it and then saw funds were low and fired all the contractors who helped install this. Worse, the Executives purchased the new Mac Air Notebooks when their PC laptops were just fine. Proven web strategies were ignored in favor of driving accounts. Priorities were ever shifting and became a running joke amongst the staff.
This failure will be a great study for B-Schools. Also, the lessons of the Internet business in the late nineties and 2000 were ignored. For example, how to burn through 80 million dollars.
@Rev, thanks for the update and I’m sad to hear they aren’t going to make it. Seems like you’ve got some good inside knowledge of the company. I hate hearing stories like this where businesses are mismanaged and fail.
these site not supported india
I never had a problem with RME yet. You can use RME with the Abundant Living System providing the inviter accepts RME. I love RME despite the 2500 monthly limit. It’s not a bad thing to actually have a limit in place, as I have heard horror stories from those who had been fxxked from using paypal and how some people had thousands of dollars stolen from paypal via false complaints from buyers on sites like ebay and such.
Looking forward for this to cater to countries outside the US. Thanks for sharing this though.