MoneyRates Blog
Revolution MoneyExchange Provides an Alternative to PayPal
By MoneyRates team | Money-Rates Columnist
MoneyExchange is an online money transfer service that allows members to transfer funds among themselves via e-mail. The account balances are held in a FDIC-insured bank, First Bank and Trust in Brookings, South Dakota, that can be linked to other banks accounts. Of course this service is a direct competitor to PayPal, and MoneyExchange even [...]
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Is the Paypal Money Market Fund Safe?
By MoneyRates team | Money-Rates Columnist
The PayPal Money Market Fund (the “Fund”) is designed primarily as an automatic sweep investment for uninvested cash balances in PayPal customer accounts. PayPal customers may choose to have their free cash balances sweptinto the Fund in order to earn income until the cash is used. Shares of the Fund will be automatically redeemed to [...]
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