Revolut Business represents a cutting-edge digital banking platform designed to streamline financial operations for companies of all sizes. Offering a suite of tools for easy management of international payments, expense tracking, and corporate cards, it empowers businesses to handle their financial tasks efficiently and securely. Tailored to meet the dynamic needs of modern enterprises, Revolut Business simplifies banking with innovative features like multi-currency accounts, real-time spending analytics, and seamless integrations with popular accounting software, making financial management more accessible and transparent.
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Segment |
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Ease of use |
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Deployment | Cloud / SaaS / Web-Based, Mobile Android, Mobile iPad, Mobile iPhone |
Support | 24/7 (Live rep), Email/Help Desk, FAQs/Forum |
Training | Documentation |
Languages | English |
Ease of use and how quickly it can be set up
Sometimes the pricing structure isnt immediately obvious
International money transfer have helped reduced the cost of sending money abroad
You have almost any currency you could image and the exchange fees are very low. Also, there's a bunch of other services that you could use depending on your package.
The packages were changed recently. I liked more the old options, but we have to stick with what we have now. Also, if you plan to pay in a specific currency during the weekend, it is advisable to exchange money in advance in order to not be charged for the weekend exchange fee.
I am paying for goods and services in almost any country without the need to pay high taxes to the banks.
I love the "smart delay". It gives me free access to airport lounge in case of at least 1 hour flight delay. The customer service is also really kind and responsive.
Revolut introduced "stays". The cashback is great, but it's difficult to use it because the app doesn't allow you to search for a specific hotel or save your favourite hotels.
I've never had any problem with Revolut. And the couple of times that I had some doubts, their customer service was perfect to respond to every single question.
The promotions. Great way to earn extra money.
The promotions happen randomly so this isn't always an option.
I have found a way to send money to friends and relatives and my friend uses this app to save money.
Free transactions, including free banks transfers, disposable cards, virtual cards, budgeting, vaults
Revolut often redesign the mobile application and sometimes it's not that easy to find what is where in the new design.
The main problem I'm solving with Revolut is the need for instant transfers to friends and family. That's a huge benefit and very useful.
Easy to use and everything can be done via app.
Still waiting for them to officially become a bank, but its very close
Saving time because of the function this banking app gives
It’s relatively easy to effect payments and the process is relatively efficient. Funds are always transferred very quickly
There is not anything that I dislike about Revolut
There are less charges to customer especially for day to day transactions.
Perfect for using multiple currencies and getting a start in crypto. Good customer service from my experience.
Not being able to buy real crypto. High fees for crypto. Not guaranteeing your money. A little bit shady company regarding CEO.
Fast currency conversion while traveling and moving to different countries in the world.
The ease of use, the ability to link with my bank. the clarity in using the app.
I would like to have a higher international money withdrawal limit with the free service
I am able to address international money transfer issues. I can support my family when they travel abroad if money becomes an issue.
We have been using revolut for almost 5 years. when it was just a standard application (not registered as a bank). Application is excellent with various options available like stock buying, currency conversion, now even crypto. Also, it's straightforward and quick to top up your account just in seconds. Really like that you can send money in seconds to other people.
I really dont like its support. Really very bad and arrogant. No phone support is available. Sometimes you need to wait days to get connected in chat support. I waited four days to get a response to my query. And top of it, they deny their technical issues and will start blaming you. Even though they have a good application, good facilities it's tough to get hold of customer care for any issues or queries. In the initial days when no one knew revolut it was excellent, but now services are going down Also one intersting thing we started noticing is the hidden charges they started applying on weekends and on the cap. Insane charges on weekend spend along with some extra % charge on ATM fees
Quick transfer was always a problem when anyone from the team went onsite as we needed to go to forex to get the card. revolut makes it easy and quick. Also especially to track the usage and get authentic receipt.
It is very user friendly, it is very cheap to transfer foreign currencies, it has perks as atm use around the world without fee, and if you are in their highest tier of card you get some interesting features as airport lounges, also the delivery of the card is very easy and smooth.
I dislike that for my country it is not possible to trade stocks, and I dislike the most that the cryptos in the platform are CFD's and not real cryptos (good for volatility exposure of cash but useless for the real meaning of crypto)
Transferring money and receiving foreign currencies with ease, I have benefited a lot from the transfer rates as well as the exchange rates between currencies the past year
it's so easy to sign up. I live in Italy, here is pretty chaotic to open a bank account. with Revolut, I have an Italian IBAN and I can transfer money to different accounts as well. Also, I'm given a "disposable" virtual card for online purchases that will secure my information and prevent fraud. If you're into cryptocurrencies you can buy them with this app as well. and the app helps you track and budget to keep you accountable for your finances. there are 2 types of accounts: business and personal, I use the latter, but I'm considering switching if my business grows.
honestly, I don't dislike anything. I think this is a very solid service. the onboarding experience is impeccable, the usability of the app is fantastic, and it has made handling my finances easily. The downside of this is that you can't transfer money to LATAM yet, but I think that will probably change in the future.
since moving to Italy I have found that the bureaucracy to open a bank account is completely unnecessary and it's very difficult! you need to have a social security number in order to begin the process and it will take a few days before you can access that account. Revolut works differently, its fintech and you can open an account within seconds, you don't need that much documentation and you can move money very easily. of course, I believe there are some top amounts, but if you're a student or a person who is traveling constantly, Revolut will be a good ally.
I can exchange my GBP to other currency in an instant and also its widely accepted.
The process is quite tedious when changing my mobile number linked to the account.
No need to go to currency exchange to get other currency and everything is in the card so no need to bring cold cash.
Gosto desta aplicação porque separa todas as nossas despesas por categorias e também porque nos ajuda no câmbio de moedas.
O suporte poderia ser mais rápido, mas sei que estão trabalhando para resolver essa situação.
Estou conseguindo fazer pagamentos com o cartão em qualquer local que aceita cartões.
It has lots of useful features, especially about easily exchanging currencies and using your card abroad.
It's based in UK, which is less preferable to have it in rest of Europe with upcoming Brexit.
Easy banking and spending.
When Revolut works, it is a good option - however, the inconvenience i have experienced far outweighs these benefits
Without warning, Revolut disabled my account because I did not have three months remaining on my (then) visa. Despite being provided with proof of a forthcoming visa, they refused to reinstate my account. After a lengthy delay, they eventually reinstated my account, only to (again, without warning) restrict my account again, resulting in reverted invoice payments. They gave me vague reasoning with no specific timeframe and no apology - I would caution against using them.
I was seeking a digital-first bank with a premium level of service. They offer strong digital features, but the service is lacking.
As this time the experience has been tarnished. Notuch tbh
Their responsibility and ability to resolve simple issues within the app that are rendering their service non tax compliant.
Easy to use when everything is working as it's supposed to.
Their customer support from hell; yes - you can withdraw to your account but it will take a day and can't pay now!
They are horrible people working there, don't care about human beings that are struggling
To stay hungry and not to be able to use my ATM card to pay for food in a grocery store.