The fee for using the new feature is the same as in the case of its own payment gateway introduced by Revolut in November in the UK and in December 2020 in several other countries
Revolut has made payments using QR codes available in the application for business customers. Revolut Business customers can already use the new solution in: Poland, Lithuania, Great Britain, Austria, Belgium, France, Denmark, Germany, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden, Bulgaria, Croatia, Greece, Finland, the Czech Republic, Estonia, Hungary, Slovenia, Slovakia, Norway and Luxembourg.
The British fintech also describes how the new service can be used. In the Revolut Business app, create a payment request and set a QR code as the method, select the currency, amount and description for the payment, then show the QR code to the customer so he can scan it. He can pay with Apple Pay, Visa or Mastercard on his iOS or Android device.
To enable the payment function, Revolut customers must update the application to version 2.28 or higher in the iOS or Android store. They must also apply for a dedicated Merchant Account directly from their Revolut Business account. When the application appears in the system, the Revolut Business team reviews it and contacts the entrepreneur to inform about the decision and further steps.
The fee for using the new feature is the same as in the case of its own payment gateway introduced by Revolut in November in the UK and in December 2020 in several other countries.