All Updates

All Updates

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Product updates
Revolut introduces ‘RevTags’ for free cross-border payments
Neobanks
Sep 18, 2023
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Sep 18, 2023

Revolut introduces ‘RevTags’ for free cross-border payments

Product updates

  • Revolut, a UK-based neobank serving the B2C and B2B segments, has launched RevTags, a free cross-border payment solution available to its business customers.

  • RevTag allows businesses to transact in over 29 currencies within the Revolut network across 150 countries and regions. It is presented as an alternative to SWIFT payments as it eliminates the need for IBANs and extra beneficiary details.

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