Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Online Payments

Revolut rolls out direct debits in Europe

Thursday 15 March 2018 | 01:46 PM CET

Revolut has added direct debits in EUR with the aim to make it easier to pay for utilities and subscription services.

The fintech startup is currently applying for a banking license and announced that it has already been adding everything customers need in order to replace their bank account with a Revolut one.

The company started with an e-wallet in multiple currencies combined with a Mastercard enabling users to upload money to their Revolut account in their local currency and then send and spend money in multiple currencies.

So far, Revolut users have been limited to card payments; now, customers can hand their banking details to any subscription service in EUR so that they can debit Revolut accounts directly.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement