daverea.com

I can’t say I ever thought that someone like Ted Leonsis – Vice Chairman Emeritus of AOL – would link to daverea.com, but apparently even the phenomenally improbable can happen!

Reading through my previous post about Revolutionary Money Exchange, and considering that the guy who came up with the idea and backed it with his own invesment has read it, I think I might have been a little too harsh when I criticized the service for lacking revolutionary ideas.

After reading some more news articles and information about RME, it seems they’re doing things more than a little bit differently than Paypal, though outwardly much of the mechanics of their service might seem similar. But their business model is quite different, and if it takes off I think it could work in a whole hell of a lot of people’s favor – on both sides of many different kinds of online transactions.

The bottom line for me is that when I sell something on eBay, with RME I’ll be paying a lot less in fees if a buyer pays by credit card. Any online service that can do that definitely has something “revolutionary” going on – at least under the hood. Which leaves just one more thing to ask – if Ted visits again, maybe he’ll leave a comment!