Cool service
Tuesday, February 21, 2006
So I came across this website today called TextPayMe. They basically allow you to send people money via text message from your cell phone. Kinda like PayPal but with a twist. If you sign up now, they'll even give you $5 free. I gave it a shot. It sounds like a pretty good idea and besides, you can't beat free money!
Although it sounds gimmicky, it's actually a good idea in my opinion. Here are some examples of things they suggest using the service for:
- No more verbal IOUs!
- Split your restaurant bills right then and there!
- Pay your team or club dues anywhere and anytime
- Pitch in real money instead of IOUs for a shared gift
- Settle your roommate's rent and utility bills on the spot
- Pay for items with your credit card on Craigslist
- Accept credit card payments in any face-to-face transactions
- Use TextPayMe as a substitute for cash and personal checks
posted by Matt @ 2/21/2006 07:15:00 PM,
7 Comments:
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At 2/22/2006 1:53 AM,
celaka communication said...
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This is cool. no service charge?
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At 2/22/2006 1:55 AM,
Matt said...
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Nope. They don't charge anything.
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At 2/28/2006 1:25 PM,
Maggie said...
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How do they make money?
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At 2/28/2006 1:26 PM,
Matt said...
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They'll eventually charge service fees for certain types of transactions:
https://www.textpayme.com/us/help/topquestions.tpm#How%20much%20does%20it%20cost?
But if you sign up during the beta period, it'll be free for life to send money. -
At 2/28/2006 1:28 PM,
Matt said...
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I'll try that again:
Their FAQ that explains transaction fees. -
At 3/01/2006 5:54 AM,
Ivan Minic said...
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Wow... Very nice service...
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At 3/15/2006 11:42 AM,
Maggie said...
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HAPPY BIRHTHDAY MATTIE!
