Revolut is a London-based fintech company that Vlad Yatsenko and Nikolay Storonsky established in 2015. It delivers a plethora of financial services such as debit cards, peer-to-peer payments, currency exchange, and crypto exchange.
When one creates an account with this safe payment option, they're entitled to a virtual debit card, a contactless debit card, and an account number & sort code. Revolut accounts also give users access to a vast array of vital products and services, including savings account and insurance.
A user's Revolut card depends on the account they've created with this company. The four available options are:
- Free account
- Plus account
- Premium account
- Metal account
Since Revolut functions like global bank accounts, members can create multiple accounts in the currencies they consider most convenient. Fortunately, all cards provided by this financial technology company are usable at places accepting Mastercard and Visa, including betting websites.
Is Revolut popular?
Yes, Revolut is a popular payment option for eSports enthusiasts in the countries it supports. These include members of the European Economic Area (EEA), the United States, Japan, Singapore, Switzerland, and Australia.
Punters planning to use Revolut as a payment method should know that not all bookmakers accept it. Therefore, before deciding to utilize it, they must first visit their betting website's deposit and withdrawal pages to confirm that it's an available option.
How to make a deposit with Revolut
It's effortless for punters to deposit with Revolut, provided they follow the proper procedure. The first thing one must do is fund their account through bank transfer, e-wallets, cryptocurrencies, or credit card payment. Here's how to do this:
- Open their Revolut app
- Click on the "Add Money" button
- Select a payment method, i.e., an e-wallet, bank transfer, cryptocurrency, or credit card
- Enter the necessary details and confirm they're accurate
- Verify transaction
From there, it's time to deposit into their betting account.
Using Revolut in online bookmakers
Revolut is an ideal direct deposit method in online bookies, thanks to its amazing usability. Here's what punters should do to utilize it to add funds to their gambling accounts:
- Login to their bookmaker
- Visit the cashier/deposit section
- Select Mastercard or Visa, depending on their Revolut card's settings
- Enter the amount they wish to move into their eSports betting account
- Press "Deposit" to confirm the payment
Essentially, Revolut functions in tandem with Visa and Mastercard. Therefore, punters have to link their Revolut banking accounts with their cards from any of the two financial companies to get the most out of this deposit method. The bookmaker that one chooses decides the daily minimum and maximum deposit limits for members.
How to make a withdrawal with Revolut
When it's time for punters to cash out, they can opt for Revolut because it's free, secure, and doable on mobile. Check out the steps to follow to make fast withdrawals with this payment method:
- Go to the bookmaker's cashier/withdrawal section
- Select the amount to withdraw
- Specify the Visa or Mastercard account
- Press on the "Withdraw" icon to confirm the cashout
Typically, Revolut comes with a daily limit of $3,000 for all ATM withdrawals. Even so, the bookie one selects determines the maximum amount that a punter can move out of their betting accounts within a day, a week, or a month.
Revolut is known for facilitating nearly instant withdrawals at eSports betting websites. But sometimes, it may take 1-3 days for punters to receive payouts in their Revolut accounts. These delays usually occur if this reputable payment solution requires the bettor to verify their accounts, depending on their recent activity and country of residence.
Whenever one experiences problems withdrawing with Revolut, they should contact its customer care agents as soon as possible. This helps determine if the issue is on the payment company's end or the bookie the punter has registered with and solve it quickly.
Pros and Cons with Revolut
Punters using Revolut as a payment method at their favorite bookmakers should expect to relish various pros, including the following:
- Revolut has an uncomplicated registration procedure.
- It provides excellent customer support through features such as fast transactions, quick responses, free notifications, and a dependable app with amazing Android and iPhone compatibility.
- It supports over 30 currencies, including EUR, USD, AED, BGN, AUD, RON, SEK, RUB, GBP, HUF, NZD, ZAR, HRK, MXN, and DKK.
- It's compatible with popular digital wallets such as Google Pay and Apple Pay.
- Impressive usability.
- Several security features.
Revolut doesn't support some jurisdictions worldwide, including Afghanistan, Belarus, Eritrea, Guinea, the UK, and Burundi. This makes it unsuitable for eSports bettors in these countries.
Revolut account opening process
Creating a Revolut account is pretty simple, as most of its members can corroborate. One should begin by downloading the Revolut app from Google Play or the App Store. Punters who don't know how to go about this can follow these steps:
- Visit the official Revolut website
- Key in their phone number
- Wait for Revolut to send a link/personal invite to download its app
- Click on the sent link to download the Revolut app for free
Punters must provide various details during the Revolut account opening process. These include:
- Current address
- Date of birth
Setting up a Revolut account successfully takes only a few seconds. But bettors also have to verify their accounts so that they're usable for moving cash into their gambling accounts and receiving payouts. Typically, they are required to submit high-quality or clear photos of their IDs to prove they're 18 years old or older. This may take a few minutes, or in some cases, up to two or three days.
Notably, Revolut comes with several personal account offerings. The Personal Standard Account is incredibly popular among bettors worldwide. It lets them do the following:
- Set a limit to the amount they can deposit into their betting accounts within a specific duration.
- Create a savings vault to keep their payouts if they don't want to spend them.
- Send cash to other Revolut users
Some punters also have Personal Premium Accounts and Personal Metal Accounts which come with various perks.
Revolut customer service options
Revolut has built a reputation for prioritizing customer satisfaction. One of the measures it has taken to meet its target audience's diverse needs is to avail top-level customer support agents who are reachable at any time of the day or week.
ESports bettors interested in providing feedback regarding this fintech company, complaining about particular issues, or seeking assistance about something can contact Revolut's customer support team via these ways:
Note that utilizing these support options doesn't require the same procedures, and the perks to enjoy also differ. For example, gamblers using the in-app chat have to download the Revolut app. This option is fast and best for those looking for immediate responses. Revolut's customer service agents may take a few minutes or hours to respond if one decides to use the email.
About the author
Ethan Lim, a native of the Lion City, is Singapore’s rising star in the domain of online casino guide localization. He masterfully blends his intimate knowledge of local culture with international gaming standards to produce content that resonates deeply with Singaporeans.