Monday, September 24, 2007

Free Money Transfer Service- Can it make money?


Can this service make money? The proclaim to offer free money transfer between people (a la Paypal) and very cheap online merchant transactions! What about the fees they have to pay to Visa etc. will the .5% fee they are going to charge merchants cover that? This company is backed by Steve Case (AOL) and some other heavy hitters but I'm not convinced. Great for consumers if it works though!

Steve Case Launches Free Money Transfer Service

2 comments:

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