Recently a couple coworkers at Corillian turned me on to TextPayMe, which is a cool service you can use to send money to others (and even to a few online merchants). Click the banner below to check it out and sign up for free - They'll even deposit five bucks in your TextPayMe account when you sign up. For real. You don't even have to provide a credit card or bank account info unless you want to transfer funds into the TextPayMe account, so there's no risk. It costs you nothing.

And, if 35 people sign up via this link, I'll get a XBOX 360. You can do the same thing. nice eh?

TextPayMe services are used to send payments to (and receive payments from) people you know, using text messaging on your mobile phones or wireless PDAs (I'm using it on my Blackberry phone). Let's say you go to a restaurant with three friends. Instead of asking the waiter to split the bill, or even worse trying to find the right amount of cash to put in the pool and pay your part, one person pays the bill, and the other three send their part to the person who paid using TextPayMe. They send it to your cell phone number, nice and easy. And for the people sending the money, the security system (which is a two-factor secure system - nice) calls their cell as soon as they text the payment. They answer the phone and are prompted by the peppy IVR voice on the other end to enter a PIN (which you provide at the time you sign up). Only then is money sent.

So - a cool service to try, nothing to lose, and five bucks to gain! Click here to go to the TextPayMe site and sign up to give it a try!