Amazon shocked the world recently when it released its own payment processor (we’ll see if it’s got what it takes… not impressed so far)
Now the brains behind AOL has released his own “money exchange” to take on the likes of PayPal, Google, and Amazon.
I’ve never been a big supporter of AOL… in fact, I HATE the company. It’ll certainly be interesting to see if Revolution Money will have what it takes to make it in the online payment arena.
PayPal certainly needs someone to step up and compete with them. Unfortunately everyone that’s tried so far has failed miserably. Has anyone ever heard of an IPN?? PayPal seems to be the only company that can get this feature right. 
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