Revolution Money is an innovative new payment platform that was established as a disruptive force to transform the payment industry. Revolution Money has created the first Web 2.0 payment platform designed for a mainstream consumer audience, especially those who enjoy the convenience of handling their financial affairs and purchasing online. Its technology will enable account holders to do things that no single alternative has been able to do before – fuse all of the expected functions of a traditional offline credit card with a stored value card, and combine it with new online functionality.
Steve Case launched Revolution Money after observing traditional and online payment platforms have been charging billions of dollars every year in fees which ultimately come out of consumers’ pockets. With the goal of generating huge consumer savings, Case wanted to overhaul the payment industry by offering the most accessible, easy-to-use and secure payment system.
So far, Revolution Money has launched two game-changing products – RevolutionCard, an anonymous PIN protected credit card that generated significant merchant and consumer benefits, and Revolution MoneyExchange, the first free person-to-person online money exchange service:
RevolutionCard is an anonymous PIN-based credit card that offers unparalleled security and control to consumers. RevolutionCard uses Internet-based technology to create a safe way of transferring funds more cost effectively than traditional interchange based credit card companies (Visa, MasterCard, American Express etc). Through drastically reduced interchange fees, merchants realize significant savings and have the incentive to pass on savings to consumers through rewards, cash savings and loyalty programs to generate more consumer usage – a big a win-win solution for merchants and consumers. Also, it is the first card that can be physically issued to consumers at the point-of-sale for immediate use. The card is the industry’s most secure since it is completely anonymous – no card holder’s name or account number on the physical card, so the risk of identity theft and fraud are vastly minimized if lost or stolen. Consumers can sign up at www.revolutioncard.com.
Revolution MoneyExchange Revolution MoneyExchange is a person-to-person money transfer program that allows subscribers to quickly and safely send and receive money over the Internet for free. The service utilizes proprietary encryption to provide consumers with enhanced security, and an easy-to-use format when transferring funds via the Internet. One can receive a free username and password at www.revolutionmoneyexchange.com.
Revolution Money believes that the time has come for the interchange system to undergo a significant overhaul by taking advantage of new web-based technologies that reduce costs and generates savings.
Security, savings, rewards – Revolution Money is the future of the payment industry.
