Modern people are already used to having to make bank payments in different currencies from time to time. In this case currency conversion is associated with additional costs, because it is incredibly difficult to foresee exchange rate fluctuations.
The revolut payment system provides an opportunity to cope with these difficulties, which is a great way to avoid all kinds of hidden commissions when withdrawing cash or paying abroad by card. In essence, revolut is the most ordinary bank, but without branches, all operations in which are carried out in an application on any smartphone.
This service was launched in the summer of 2015 in the UK. The founders of Revolut were Nikolai Storonsky and Vladislav Yatsenko , immigrants from the countries of the former Soviet Union .
Today, the payment system is used by more than 7 million people around the planet and about 400 million transactions are carried out for an amount of approximately £ 50 billion.
The service offers users both virtual and physical cards. In fact, it is a classic plastic Visa or Masyercard , suitable for a variety of payments around the world. With their help, you can pay for purchases, withdraw money and convert currencies on very favorable terms (no commission). Currently, there are three categories of such cards:
When choosing the last two types of cards, the user has the opportunity to independently choose its design and color scheme.
The payment system has several serious advantages at once, which just make customers use the services of the Revolut service . Let’s list the main ones:
There is, of course, a small minus. Only those who live in the European Union, USA, Canada and Australia have the opportunity to open an account on the service.
This means that any Pole can use this payment system without any problems. And it doesn’t matter where he lives: in Warsaw, Gdansk or Wroclaw. It is believed that using the service is very convenient for gamblers who expect to hit a decent jackpot in one of the online casinos. And it makes no difference whether it is a legal casino in Poland, or a mobile casino in some other country. Slot machines are the same everywhere, the chances of winning are present everywhere.
In order to become the owner of one of the cards of this service, you must:
Any funds to your Revolut account for any of the debit cards are free of charge. When transferring an amount of money, the amount of which does not exceed £ 5.000 per month, no commission is charged. If it exceeds, then the commission is 0.5% of the transfer amount.
The interest-free withdrawal limits depend on the type of the service client’s card. In the case of the standard card, this amount is £ 200, for the Premium – £ 400, for the Mrtall – £ 600.
Currency conversion is completely free. In Russian rubles, hryvnia and other currencies of the countries of the former USSR, wallets cannot be created, but you can convert currency in them and make purchases. At the same time, additional commission is applied to transactions in illiquid currencies. So, they are 1% – to the Ukrainian hryvnia and 1.5% – for settlements in Thai baht.
<h2Reliability and security: can you trust revolut? h2> Re6volut’s security systems deter fraudulent transactions, the possibility of unauthorized write-offs or other operations at a level of less than 0.01%. This figure is several times higher than that of most European banks.
User safety is ensured by:
Managed to evaluate the new payment system and gamblers playing for money in online casinos. Revolut is very convenient for online games, as customers of gambling establishments regularly have to convert currency on gaming resources.
This service does not take commissions for conversion, which means that gamblers do not incur additional costs. Play for fun and get fast payouts in the online casino with no limits.