Signing up for MoneyExchange is very easy. They do ask for some personal information to be able to issue an account. If you don’t feel comfortable giving out your Social Security number, this process is not for you. If you already do a large percentage of your business transactions online, however, you know that this is hardly confidential information these days. A quick form with your name, address, phone, and SS# will get you an account in about 2 minutes, if you reside in the U.S.
Getting the $25.00 bonus was automatic. I was instantly credited with $25 as soon as I finished signing up. This was mine to keep, no strings attached. There are no fees for sending or receiving money to other MoneyExchange users. If you'd rather cash out, you can have a check sent to you for $2.50. Otherwise, linking your MoneyExchage account to an external checking account simplifies the process of getting it electronically deposited after a standard verification process, and there is no fee for this service.
Referrals can earn you a $10 bonus for each complete registration. If you are looking to get your friends and family to sign up, your best bet is to mention it as a viable PayPal alternative.
Privacy could be seen as an issue for some people. For those who have no interest in future or partner offers, the Privacy Policy clearly offers an opt-out form you can mail in.
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