Revolut Business now accepts direct payments

British businesses with a Revolut Business account can now accept card payments online directly into their account.

The UK neobank said that users would be given an allowance of free UK and EEA card payment acceptance every month, at no additional cost. Business owners can also take advantage of low fees and very competitive rates unmatched by other major payment platforms, with a 1.3% fee for UK and EEA consumer cards, a 2.8% fee for all other cards.

“Payments sit at the core of any business so we have crafted a solution that meets not only their business account demands but also their payment acceptance requirements,” said Thibaut Genevrier, head of acquiring at Revolut.

“With the current situation in the UK, companies are faced with the necessity to do business online, so not only did we introduce a new way to accept payments through websites, we also now allow customers without an online presence to get paid fast through secure payment links. It’s our mission to democratise acceptance and we are already on the way.”

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