OK, I'm a sucker for "free" money. Ted Leonsis and Steve Case of AOL fame have started a new company to do electronic funds transfer, like PayPal, but without the fees for person to person transfer. I don't get their business model yet, but they're giving $25 to people who sign up for new accounts before May 15, 2008. They're also giving $10 for referrals, so if this sounds interesting to you, click the link below so we both get a little something...
(Thanks to Leslie for the tip. She got my $10...)
Leslie Evans Reply
Oh, that was you! Thanks! (It doesn't tell me who signs up.)
One bit I heard about their biz model: PayPal pays you interest on your money that they're holding....these guys don't. IOW, they make interest off your money.
Not mine! I whisk it into my bank account as soon as it shows up!
Tony Reply
Unfortunately, it looks like this site is now defunct. I guess it never really took off.