Revolut has launched Mobile Wallets, a feature enabling quick international money transfers using just recipient IDs.
Initial service is available for UK and EEA customers to send money to Bangladesh (bKash) and Kenya (M-Pesa), with more routes to follow.
The service is aimed to benefit expatriates and international students by allowing seamless transactions to mobile wallets widely used in the recipients' countries.
Akshat Mittal, General Manager for Revolut International Payments, highlights the service's ease and the commitment to adapt to digital economy needs.
Mobile Wallets is presented as a secure, low-friction alternative to traditional banking methods, offering competitive pricing similar to Revolut bank transfers.

Revolut is a financial technology startup providing a range of services designed to enhance money management and spending. Users can sign up for free and engage in everyday transactions with benefits such as cashback. It supports multicurrency spending, offers various accounts such as Joint Accounts, and includes saving options with interest gains. Revolut also enables sending money abroad, splitting bills, and offers stock investment opportunities. There are different plans available, from Standard to Ultra, each with increasing perks like in-app support, spending protection, higher investment limits, and exclusive lifestyle benefits. Over 35 million people have joined Revolut.

Revolut

Financial services, banking, spending, cashback, global currency exchange, investments.

Revolut Introduces Mobile Wallets for International Transfers

Recent Product News