Update: I don't believe they are offering a $25 sign up bonus anymore, however I do think they honor $10 for each ref.
I wanted to make sure this was LEGIT before I posted about it, but after researching it seems to be! I just validated my bank account with them, and just transferred the $25.00 sign up bonus to my account.
Here is my payment proof: http://i192.photobucket.com/albums/z237/ALSpends/revolutionfeb08.jpg
Paypal now has competition thanks to an AOL co-founder. This new website is looking to compete with Paypal and eBay. They are currently offering $25 to sign up with them and $10 for each referral.
They are FDIC insured and do require a SSN.
If you are interested you will need to send me an email to either sullivanspends@Yahoo.com or firstname.lastname@example.org in order for me to set you up and send you a link.
How it works.
MoneyExchange is an easy, secure, and reliable way to send and receive money online between accountholders for FREE.
FREE to register for an account
FREE to add money from your bank account
FREE to send money
FREE to receive money
FREE to request money
FREE to transfer money to your bank account
A transaction fee applies for check withdrawals, check stop payments, paper statements, ACH returns, and overdrafts.
Account issued by First Bank & Trust, Brookings, SD, Member FDIC and part of the Fishback Financial Corporation.