AOL co-founder backs new online payment firm

[rakib]

Steve Case, the founder of the AOL Internet service, is backing a new online payment company that promises to let users transfer funds for free and offer a credit card with sharply lower fees for merchants. The new venture, Revolution Money, said it will let users transfer money to individuals and online merchants for free through its Revolution MoneyExchange service. The payment system is in a pilot stage. See details at Allthelook blog » Blog Archive » AOL co-founder backs new online payment firm

[descorpio]

This is yet another service offered and already we have top niche in our market for this business. The only thing is we need to wait patiently until its presence is confirmed. At the intial stage they may offer low cost service but how reliable will they be is what matters.