Comments on: Web 2.0 Summit: Revolution Money's Ted Leonsis and Jason Hogg http://digitaldaily.allthingsd.com/20071017/web2-revolutionmoney/ by John Paczkowski Sun, 22 Nov 2009 21:52:19 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Ian F. Barger http://digitaldaily.allthingsd.com/20071017/web2-revolutionmoney/comment-page-1/#comment-677 Ian F. Barger Thu, 18 Oct 2007 18:52:16 +0000 http://digitaldaily.allthingsd.com/20071017/web2-revolutionmoney/#comment-677 But the low fees are exactly why it can succeed. The really hard part isn't getting people to use the card, it's getting merchants to accept it. And because the interchange fee is so low, just watch -- they'll be falling all over themselves to accept it. I work for a merchant group in DC (UnfairCreditCardFees.com) and we focus on just this issue. And Revolution Money is not just a solution, it's also a way to give the issue more visibility. It's about time Visa/MC had some competition. But the low fees are exactly why it can succeed. The really hard part isn’t getting people to use the card, it’s getting merchants to accept it. And because the interchange fee is so low, just watch — they’ll be falling all over themselves to accept it.

I work for a merchant group in DC (UnfairCreditCardFees.com) and we focus on just this issue. And Revolution Money is not just a solution, it’s also a way to give the issue more visibility.

It’s about time Visa/MC had some competition.

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