Revolut have confirmed their partnership with Apple Pay, making this service now available for users across Europe.
There are 16 European countries where the payment option will be available. These are: UK, France, Poland, Germany, Czech Republic, Spain, Italy, Switzerland, Ireland, Belgium, Austria, Sweden, Denmark, Norway, Finland and Iceland.
Revolut is a UK financial technology company that offers banking services such as a pre-paid debit card, currency exchange, cryptocurrency exchange and peer-to-peer payments. It allows users to hold, exchange and transfer without fees in 29 different currencies, making it the perfect card to take on holidays abroad.
This move by Revolut means that users will be able to add their card virtually to their Apple Wallet and can spend without being obligated to wait for the physical copy. It will make usage more convenient and enable customers to incorporate their Revolut cards into their everyday spending.
Apple Pay works faster than physical card transactions and can be made contactless with use of Touch/Face ID technology. This means that Revolut customers will be able to make quicker payments across a variety of currencies with ease. It is often also more secure than card payments as it requires Touch/Face ID to be activated, making fraudulent purchases far less common.
Arthur Johanet, product owner for card payments at Revolut, commented: “Revolut’s ultimate goal is to give our customers a useful tool to manage every aspect of their financial lives, and the ability to make payments quickly, conveniently and securely is vital to achieving this.
Johanet continues: “Our customers have been requesting Apple Pay for a long time, so we are delighted to kick off our rollout, starting with our customers in 16 markets. This is a very positive step forward in enabling our customers to use their money in the way that they want to.”