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● M a i n p a g e ● C o n t e n t s ● C u r r e n t e v e n t s ● R a n d o m a r t i c l e ● A b o u t W i k i p e d i a ● C o n t a c t u s ● D o n a t e
C o n t r i b u t e
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Search
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P a g e s f o r l o g g e d o u t e d i t o r s l e a r n m o r e ● C o n t r i b u t i o n s ● T a l k
( T o p )
1 B a c k g r o u n d
2 R e f e r e n c e s
3 E x t e r n a l l i n k s
T o g g l e t h e t a b l e o f c o n t e n t s
R e v o l u t i o n M o n e y
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G e n e r a l
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P r i n t / e x p o r t
● D o w n l o a d a s P D F ● P r i n t a b l e v e r s i o n
A p p e a r a n c e
F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Revolution Money was a financial services company based in St. Petersburg, Florida .[1] credit card , online person to person payments service, with a linked stored value card, and gift card. Revolution Money was created as the only credit card that did not charge retailers interchange fees .[2] Yahoo! Sports and Fifth Third Bank .
Revolution Money had three products: RevolutionCard credit card, Revolution MoneyExchange which provides free online money transfers between members, and RevolutionGift, a gift card. Revolution MoneyExchange accounts were issued by First Bank and Trust .[3]
Background [ edit ]
Revolution MoneyExchange was an online bank intended as an alternative to PayPal and its chief competitor, Google Checkout . It was founded as GratisCard in April 2007.[4] Ted Leonsis and Steve Case were on its board of directors.[5] Citi , Morgan Stanley , and Deutsche Bank AG , as well as its parent company, Revolution LLC.[6]
There were no fees charged for online transfers between accounts. The Revolution MoneyExchange Card was a stored-value card that allowed account holders to access their funds for purchases at merchant locations on the RevolutionCard network and for cash withdrawals at ATMs nationwide.[7]
RevolutionGift was a prepaid PIN based gift card with no account number printed on the card. Other features included the capacity to send money via AOL Instant Messenger .[8]
On November 18, 2009, American Express announced that it would acquire Revolution Money for US$500 million, and finally did for US$300 million.[9]
References [ edit ]
^ Manning, Margie. "St. Petersburg credit card company launches a Revolution" . Bizjournals.com . Retrieved 16 January 2017 .
^ "Revolution Money Exchange" . Geek-News.Net . 2008-02-10. Archived from the original on 2008-08-27. Retrieved 2008-07-15 .
^ "Small Correction" . Ted's Take . 2008-02-11. Archived from the original on 2011-07-07. Retrieved 2008-07-15 .
^ "Revolution MoneyExchange: New Person-to-Person Payment System and $25 Bonus Promotion" . MyMoneyBlog . 2008-01-31. Retrieved 2008-07-15 .
^ Graham, Jefferson. "Talkin' 'bout a Revolution in transferring money online" . Usatoday.com . Retrieved 16 January 2017 .
^ "You've Got Payments - AOL Founder Backs P-to-P Start-Up" (PDF) . American Banker . 2007-09-25. Retrieved 2008-07-15 .[permanent dead link
^ "American Express to buy Revolution Money for $300M - Yahoo! Finance" . Archived from the original on 2009-11-22. Retrieved 2017-01-17 .
External links [ edit ]
Squires, Paula (June 1, 2008). "Steve Case searches for another iconic brand" . Virginia Business . Retrieved 2008-07-22 .
"Revolution Money - Formerly GratisCard" . Payments News . Retrieved 2008-07-22 .
"Revolutionary Money: Upstart Challenges the Credit Card Industry" . Portfolio.com . 2008-07-01. Retrieved 2008-07-22 .
"Revolution Money Aims for 1 Million Merchants, Cardholders by Year End" .[dead YouTube link
Burnsed, Brian (June 20, 2008). "Top News: To Save Money at the Gas Pump, Pay Cash. Filling stations are offering a 6¢-a-gallon discount for cash customers, to incentivize the use of cash, cutting back on hefty credit-card fees" . BusinessWeek . Archived from the original on June 21, 2008. Retrieved 2008-07-22 .
Gonsalves, Antone (November 8, 2007). "Revolution Online Money Transfer Service Pits Itself Against PayPal. The company is marketing its new RevolutionCard credit card payment service as a more secure option to traditional credit cards from MasterCard or Visa" . InformationWeek . Retrieved 2008-07-22 .
Cauley, Leslie (2007-09-23). "Account number, name not on this credit card" . USA Today . Retrieved 2008-07-22 .
Manning, Margie (August 17, 2007). "St. Petersburg credit card company launches a Revolution" . Tampa Bay Business Journal . Retrieved 2008-07-22 .
Hundley, Kris (October 27, 2007). "Get ready for credit card 2.0. The name of the St. Petersburg company sums it up, say the founders of Revolution Money" . St. Petersburg Times . Retrieved 2008-07-22 .
"AOL co-founder backs new online payment firm" . The Washington Post . 2007-09-25. Retrieved 2008-07-22 .
Regan, Keith (January 9, 2008). "A Host of Hot Niches on the E-Commerce VC Trail" . E-Commerce Times . Retrieved 2008-07-22 .
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Revolution_Money&oldid=1172655079 " C a t e g o r i e s : ● C r e d i t c a r d s i n t h e U n i t e d S t a t e s ● P a y m e n t s y s t e m s ● C o m p a n i e s b a s e d i n S t . P e t e r s b u r g , F l o r i d a ● A m e r i c a n c o m p a n i e s e s t a b l i s h e d i n 2 0 0 7 ● 2 0 0 7 e s t a b l i s h m e n t s i n F l o r i d a H i d d e n c a t e g o r i e s : ● A l l a r t i c l e s w i t h d e a d e x t e r n a l l i n k s ● A r t i c l e s w i t h d e a d e x t e r n a l l i n k s f r o m N o v e m b e r 2 0 1 8 ● A r t i c l e s w i t h p e r m a n e n t l y d e a d e x t e r n a l l i n k s ● A r t i c l e s w i t h d e a d e x t e r n a l l i n k s f r o m A p r i l 2 0 1 8 ● W i k i p e d i a a r t i c l e s w i t h p o s s i b l e c o n f l i c t s o f i n t e r e s t f r o m O c t o b e r 2 0 1 6 ● A r t i c l e s w i t h m u l t i p l e m a i n t e n a n c e i s s u e s ● A l l a r t i c l e s w i t h d e a d Y o u T u b e l i n k s ● A r t i c l e s w i t h d e a d Y o u T u b e l i n k s f r o m F e b r u a r y 2 0 2 2
● T h i s p a g e w a s l a s t e d i t e d o n 2 8 A u g u s t 2 0 2 3 , a t 1 2 : 5 9 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
