Revolut Launches On the spot Card Transfers to Over 80 International locations


Revolut, a world neobank with 30 million prospects worldwide, has launched prompt card transfers that permits prospects to securely ship cash in real-time to anybody in over 80 nations with simply their identify and 16-digit Mastercard or Visa card quantity.

The recipients don’t should be Revolut customers. The one particulars required are the recipient’s identify and their card quantity. No further card particulars akin to CVV or expiry date is required and any transaction to a brand new recipient is protected by a two-factor authentication.

Revolut mentioned in a press release that it stays compliant with the Cost Card Business Knowledge Safety Commonplace (PCI DSS), which ensures end-to-end safety of knowledge and safety of funds.

To mark the launch, Revolut is providing limitless free worldwide transfers for the month of August 2023.

After the promotional month of August 2023, Revolut will cost a price of S$1.75 on prime of 0.8% of the quantity transferred for worldwide transfers, which can be proven within the app earlier than the switch is confirmed.

Raymond Ng

Raymond Ng

Raymond Ng, Chief Government Officer at Revolut Singapore mentioned,

“By means of this prompt, handy and most significantly, safe methodology of remitting cash, we’re enabling our prospects to ship cash to their family members each time they want to.

 

We’re glad to have partnered Mastercard and Visa to deliver this cutting-edge know-how to our prospects and sit up for many extra of such improvements sooner or later.”

 

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