Revolut joins the Buy Now Pay Later party
Revolut, the popular high street bank alternative, has announced the launch of its take on Buy Now Pay Later. The feature lets customers pay for purchases up to €499 in interest-free instalments, putting the digital bank in direct competition to well known BNPL brands such as Klarna and Afterpay.
Buy Now Pay Later has been soaring in popularity in the last couple of years - even Tech giant Apple wants a piece of the pie, announcing Apple Pay Later at its Worldwide Developers Conference this year. With this latest announcement, Revolut joins Monzo and Curve as the only digital banks / fintech products to offer such services. Revolut Pay Later is currently only available in its Irish market and will start to be rolled out across other European countries in the coming months.
Revolut is a financial super app and popular choice as an alternative to traditional banking. It is regulated by the European Central Bank and offers services globally, including US, Australia and Japan beyond Europe. The app offers full-fledged multi-currency current accounts, savings account, credit card and more in selected locations. You can also invest in stocks, crypto or commodities with low and transparent fees.
Learn more by visiting the original source of this news article.
The information provided on this website does not, and is not intended to, constitute financial nor legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the website administration and its members do not recommend or endorse the contents of these third-party sites. Please refer to third party websites for actual pricing.