8.6 C
New York
Monday, May 27, 2024
Home Challanger banks Revolut launches early salary feature in the UK and Web app

Revolut launches early salary feature in the UK and Web app

Revolut introduced two more features during this week. The challenger bank is shifting from mobile-only to an online model and Revolut has partnered with Modulr to let you receive your salary a day early.

Read also: Monzo Bank closed another £60 million in funding

The early salary feature aims to motivate clients to use its current account as their primary bank account where they get their salary paid in. Monzo Bank also came with a similar early salary feature last year.

“Early access to salaries could be a genuine lifeline for many during these tough economic times,” Nik Storonsky, founder and chief executive officer of Revolut, said in a statement on Wednesday.

The Web-based option of the Revolut account aims to provide customers with a complete overview of their transaction history and cards.

This way the customer is also enabled to use the Web App to top up the account, freeze/unfreeze their cards, block/unblock their PIN and toggle all other card security settings on or off in a few clicks, or even contact customer support via an online chat function.

Nik Storonsky, CEO and Founder at Revolut says: “Account access through a browser is highly requested by our customers, so we’re delighted to have built a safe and convenient web app that everyone can use when they need it.”

“Our customers can now access their money anywhere and at any time, even if they don’t have their phone or card, or if they simply prefer checking their account from a computer,” he added.

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

NEW Revolut UK CEO to make Conference Debut at MoneyLIVE Summit

MoneyLIVE has today announced that Revolut’s newly appointed UK CEO will be making her conference debut at MoneyLIVE Summit 2024, which is...

2024’s Financial Innovators: A New Era of Banking Startups 

In the wake of the COVID-19 pandemic, our world witnessed an unprecedented shift towards digitalization. The banking industry, in particular, has been...

C-suite Banking and Payments Leaders From Across Europe Set to Meet at London’s MoneyLIVE Summit in March

On the 6-7 March 2024 MoneyLIVE Summit will return to London’s QEII Centre to unite over 1000 banking and payments leaders from...

The Evolution of Digital Wallets: A Shift from Physical Cards by 2030

By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.