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.