📱 Visa Partners with Revolut for Cross-Border Business Payments

Morgan Ellis

📱 Visa Partners with Revolut for Cross-Border Business Payments
The new integration enables near-instant money transfers (within a maximum of 30 minutes) via card in a B2B format. This process is faster and more cost-effective than traditional methods, and users only need to provide a card number—no detailed information like IBAN or BIC is required.

🆎 Where? ❕ — Nearly worldwide (with some geographic exceptions).

🆎 Who can transfer? ❕ — Corporate clients of Revolut in 78 countries.

🆎 How? ❕ — In 50 different currencies.

🆎 This strategic partnership comes as Revolut reaches several key milestones. After obtaining a restricted banking license in the UK 🇬🇧 in July, the fintech was recognized as Europe's most valuable private tech company following a $500 million USD employee share sale.

#news #world

🇮🇳INR P2P FTD with conversion at 56%, deposit fee at 7,5%. For more information contact @chresp
At

newsworld

Comments