Filed under: Business, Internet, Web services, P2P, Social Software
MoneyTwins P2P foreign exchange
MoneyTwins allows you to exchange foreign currency directly, without the hassle of using a bank. MoneyTwins uses a price for the exchange rate that only the largest top financial institutions use, which is lower than usual, saving a ton of money for end users by not charging commissions, or transaction fees. There is a chart on the site that lists the last 10 orders for transfers which looks rather interesting. It lists the Client, Buying currency, Selling currency, Amount, Place, and a Rating. I would have thought that information like this should be a little more secure then this? The MoneyTwins service is still in beta, and it is a great idea, however, fixing up the site so that it appeared as that of a financial institution, with a little more appeal and professionalism might make a few more people try the service, and not be afraid that they are getting scammed.
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Reader Comments (Page 1 of 1)
Alex Lee said 9:59PM on 8-12-2006
The idea looks very interesting. Even though I agree the site could make some progress in terms of presentation, it looks like it is surfing the p2p banking wave. There was p2p loans, now p2p currency exchange, then what next?
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