| VALID is a 100% electronic service that allows you to exchange money with anyone via e-mail. All you need is the last name and e-mail address of the person you wish to exchange money with. If the person is not a VALID participant, VALID will automatically invite them - it will only take them a few minutes to sign up. What's great about VALID is that you use payment accounts that you specify and already have with financial institutions* you trust. Once you've signed up for VALID, you are ready to receive, send or request money. It's that simple. |