While looking for companies in the Internet Software and Services space with the same core capabilities of PayPal, I came across a company with the beautiful name “Revolution Money”. Revolution Money provides online payment solutions. It offers online money transfer services and RevolutionCard, an anonymous PIN-protected credit card. Revolution Money was founded in 2007 and is based in Washington, District Of Columbia. eBay Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Communications. PayPal, Inc., a subsidiary of eBay offers online payment solutions. The company’s suite enables individuals and businesses to send and receive payments online using a bank account, credit card, or stored balance. Additionally, it provides electronic fund transfer and billing services. (Source: CapitalIQ)
New Revolution Moneyexchange Plug-in for AOL's AIM Service, which is Ameira’s largest instant messaging community. While I have not used the MoneyExchange plug-in and cannot testify to how user-friendly it is, I am sure it allows for spreading the New Revolution services as there is a huge number of AIM users.
As for the RevolutionCard, an anonymous PIN-protected credit card, which Revolution Money provides to its clients, I am not sure how pervasive it will be. A lot of companies provide credit cards and have an option of pin-protection. Revolution Money believes it is has a low-cost payment card network. It prides itself in a proprietary processing technology platform.
In any case, the name of the company is an easy catch for investors and for clients.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment