Revolut has entered the e-commerce payments market with the launch of new tool, Revolut Pay.
In Brief:
Revolut Pay is a payment method that has been launched as a method across product, cart and checkout pages.
The new secure checkout feature is available to merchants across the UK and EEA.
It will enable one-click payments as well as features like cashback.
What does this mean?
The system will be powered “entirely by Revolut’s payment technology” and is Revolut’s first major move into the ecommerce market, as it aims to build a payment ecosystem beyond its customer facing features, enabling transactions between retail and business customers.
