๐ฑ Visa Partners with Revolut for Cross-Border Business Payments
๐ฑ 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 numberโno detailed information like IBAN or BIC is required.
๐ Where? โ โ Nearly worldwide (with some geographic exceptions).
๐ Who can transfer? โ โ Corporate clients of Revolut in 78 countries.
๐ How? โ โ In 50 different currencies.
๐ This strategic partnership comes as Revolut reaches several key milestones. After obtaining a restricted banking license in the UK ๐ฌ๐ง in July, the fintech was recognized as Europe's most valuable private tech company following a $500 million USD employee share sale.
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๐ฎ๐ณINR P2P FTD with conversion at 56%, deposit fee at 7,5%. For more information contact @chresp
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