$25 bonus Revolution Money Exchange
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This is supposedly the new competition to PayPal. There’s a story about the service in USA today. Signing up does require your social security number. The $25 bonus shows up in your account immediately. You can get $10 for each friend you personally refer via e-mail.
The $25 immediately showed up in my account and I added one of my un-used ING Direct accounts as a funding source.
So far the only funding sources available are bank accounts so don’t expect this to replace PayPal anytime soon with most people paying via credit card.