revolution-moneyYesterday American Express announced that they will buy the St. Petersburg, FL company Revolution Money for $300 million. Revolution Money is a 4 year old company that offers credit card like cards that bear no cardholder name on the card, no signature on the card, and no number on the card.

Revolution credit cards are ideal for preventing identity theft and all that is required to process the payment is a pin number. Currently about 1 million merchants accept the Revolution cards as payment and with this American Express acquisition announcement it seems likely that the number could significantly increase.

Another popular product offered by Revolution Money is Revolution MoneyExchange which allows money to be transferred between friends and family very easily via different online methods. This acquisition by American Express is interesting because it highlights just how different credit cards and methods or purchasing could become in the years to come.

While today there is a fairly straightforward answer to the question, “What is a credit card?” in the ever increasingly connected future the term credit card may come to mean many different things.

This content is not provided or commissioned by the company whose products are featured on this site. Any opinions, analyses, reviews or evaluations provided here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser. This site may be compensated through the Advertiser’s affiliate programs.

Similar Articles:

Credit Cards

Do you have a unique story to tell about credit cards or something related to small business/personal finance? If so, contact us to submit your own guest post ideas and you could be featured on our blog!

Disclaimer: This content is not provided or commissioned by American Express, Visa, MasterCard, Discover, or any other credit card company or issuer. The opinions expressed here are the author's alone, not those of any credit card company or issuer, and have not been reviewed, approved or otherwise endorsed by any credit card company or issuer. Credit Card Chaser may be compensated through various affiliate programs with advertisers. As always, Credit Card Chaser is an independent website commmitted to helping people research credit card offers and find the best credit card!

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>