Revolut has selected Bottomline Technologies’ Universal Aggregator solution.
In Brief:
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The solution will help deliver realtime payment services to Revolut’s UK customers.
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The Universal Aggregator affords finance firms access to the UK’s Faster Payments Scheme.
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Revolut will be able to monitor and limit transaction volume through the platform.
What does this mean?
Becoming a member of the Faster Payments Scheme directly has proved challenging for newer businesses like FinTechs – partnering with Bottomline has made this quicker and easier for Revolut.
