Fintech Revolut has added Apple Pay to its list of features in 16 markets.
Revolut’s customers in the UK, France, Poland, Germany, Czech Republic, Spain, Italy, Switzerland, Ireland, Belgium,. Austria, Sweden, Denmark, Norway, Finland, and Iceland can now use the payment solution. Apple Pay can be used in stores, in apps, and also on websites.
Apple Pay provides Revolut customers with access to an easy, secure and private way to pay. Payments can be made with iPhones, Apple Watches and online.
Arthur Johanet, product owner for card payments at Revolut said: “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. 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.”
Revolut Group Vaults was recently launched as a way for family and friends to collectively save.
From today, customers will be able to contribute money into a Group Vault at anytime. They can round up their spare change and making a recurring payment or add a one-off payment.
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By GlobalDataWith a group of friends, flatmates or family, the Revolut Group Vaults makes it easy to pool together funds. Customers may use it to pay for things such as bills, holidays or joint gifts.
Revolut also noted that this new feature may appeal to couples that don’t want to go through the process of filing for a joint account. As a group savings function, it is pretty nifty, however couples that want to go further in their joint finances will most likely still opt for an official joint account.
However, not everything is rosy for Revolut as it was revealed to be the most complained about small online bank in the UK.
This is according to the Financial Ombudsman which stated that Revolut received 171 claims between 2015 and 2018. This is over double its nearest rival, Monzo, with 82.
