International fintech platform Revolut and cost infrastructure supplier Mercuryo introduced their partnership on February 11, 2025. The businesses have come collectively to launch Revolut Pay.
Petr Kozyakov, co-founder and CEO at Mercuryo, says Revolut operates in over 160 international locations and commonly processes many fiat transactions price hundreds of thousands in fiat. This makes them a wonderful gateway to the world of cryptocurrencies for many individuals. By integrating Revolut Pay with our On-Ramp resolution, we’re providing Revolut’s shoppers a handy and safe solution to have interaction with digital property.”
Revolut Pay is a product designed to make shopping for digital currencies simple on non-custodial wallets like Ledger, Meta Masks, and Belief Pockets.
It’s the firm’s first main foray into the decentralized finance (DeFi) market. Revolut desires to hyperlink its companies to non-custodial wallets, providing prospects a handy and safe method of shopping for cryptocurrencies.
In step with the corporate’s imaginative and prescient to make monetary companies handy and accessible, Revolut hopes that the brand new service will take away middlemen from the equation.
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Revolut Pay Options and Advantages
The service focuses closely on consumer expertise and provides key options to boost product usability. It additionally introduces cost-effective transactions. Customers are granted entry to a low-cost, dependable, and secure cost methodology to buy crypto from their non-custodial wallets.
The buying course of has been simplified. Customers can now buy their most popular crypto with a single motion, decreasing complexity.
Mercuryo & @RevolutApp: 1-Click on Crypto Purchases
We’re excited to announce that Mercuryo now helps 1-click cryptocurrency purchases with Revolut Pay!
What’s Revolut Pay?
Revolut Pay is a quick & safe solution to pay straight out of your Revolut account in simply 1 click on… pic.twitter.com/gURJjsputk
— Mercuryo (@Mercuryo_io) February 11, 2025
Superior safety measures have been included throughout the platform. Measures, together with biometric expertise and passcodes, have been baked into the system to safeguard transactions. Moreover, customers can authorize their purchases on the Revolut Pay app, making certain a safe but environment friendly course of.
These with out the Revolut software should full their buy utilizing their credit score and debit card credentials.
The service will initially be obtainable within the European Financial Space (EEA). Revolut Pay will supply customers entry to numerous fiat currencies, together with USD, EUR, and GBP.
It contains help for 44 crypto asset buy choices, making their choices very completely different from different choices. Know Your Buyer (KYC) is the method Revolut Pay makes use of by which newly registered customers can confirm and get unrestricted entry to the platform’s different options in minutes.
The method makes use of the already established KYC framework that verifies all customers on Revolut, thereby giving compliance with the set regulatory necessities whereas preserving the consumer pleasant.
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Revolut Companions with Diia to Convey Providers to Ukraine
The identical day, Revolut additionally expanded its companies into Ukraine. On February 11, 2025, the corporate introduced its foray into the area. Residents can open a European Resolut account and entry varied monetary companies.
As a part of this enlargement, the corporate can be introducing a particular version Clear Sky debit card. Opening a Revolut account would allow Ukrainian residents to make instantaneous and free P2P transfers and entry aggressive overseas change charges throughout 30 currencies.
We’re introducing companies for Ukrainians. To have a good time, we’re launching our particular version Clear Sky debit card
UK and EEA prospects can get our Clear Sky debit card by donating £5 (or equal) to the UN Refugee Company (UNHCR), by our Donations function, and we’ll be… pic.twitter.com/fkcbP3H8fa
— Revolut (@RevolutApp) February 11, 2025
Residents can switch and obtain cash worldwide with out excessive switch charges. Customers can even order their very own digital or bodily debit card for every day use.
The corporate has partnered with Diia, a Ukrainian authorities platform, to make sure a safe onboarding course of.
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