UK-based online bank Revolut has suspended all payments to and from UK gambling sites. The fintech company says it has suspended all UK gambling payments through its popular app, in response to the UK Gambling Commission’s (UKGC) ban on credit card wagering. In a statement, Revolut said. Essentially, Revolut is a debit card which you can connect to an online casino account to deposit and withdraw funds. The principle is quite simple – enter the necessary card info when requested, and you will be able to play casino games with real money very soon. Which Online Casinos Accept Revolut? Revolut is essentially a MasterCard card. The best platform to buy Bitcoin with debit card is well-known regulated broker and exchange eToro. Launched in 2006, eToro is regulated by several financial authorities and is a very reputable. Important Update: Revolut has advised that following the recent changes in UK gambling laws, British players may no longer use their Revolut cards for online gambling transations. 'The new requirements mean that UK gambling companies cannot accept credit cards or payments made through a 'money service business' such as Revolut.

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Top 3 Casinos that offer Revolut

Revolut Top 3 Casinos

The main drive behind the very concept of Revolut app and app-card is providing users with best exchange rates and lower fees worldwide money transfers. Mr Green offers this as a deposit method for their Norwegian players, with more gaming operators set to jump the bandwagon soon.

Right from the get-go...

...potential users are informed that hidden fees are a big NO for Revolut and that opening one's account will take only minutes – and can be done fully via smartphone! One other strong perk, among several, is the so called built-in budgeting: with it, the user will know where their money is headed and via which route, even letting them set up monthly budgets for their expenses.

Furthermore...

...notifications will be sent to users immediately after they make payments with their cards. This e-wallet knows no boundaries as it can be used abroad in 150+ currencies. What is especially commendable is that it gives GBP200 per month in ATM withdrawals for free anywhere in the world!

The app makes it super easy to request money from friends, simply at the touch of a button. These can also be personalized by attaching notes, images and even GIFs. For frequent and recurring payments, one can set these up in a jippy, so that money can be sent (bills, rent) with one or two clicks.

About Revolut

Kicking off as a prospective start-up in July 2015...

...Revolut was driven by the vision of its founders, Vlad Yatsenko (CTO) and Nikolay Storonsky (CEO), that seeks to reinvent the way money is transferred on a global scale. In just few short years, it has grown to be one of the most instantly recognizable e-wallet brands, garnering praise from finance world experts and media outlets alike.

Contributing further to its success...

...were numerous, well-to-do investors, chiefly from Europe. Those are the same companies that showed their trust and supported the likes of Facebook and Skype (Point Nine, Index Ventures, Seedcamp, Balderton capital etc.). At the time of this writing (September 2019) this payment method had over 7 million customers all across the globe, over 350 million transactions in a total value well over GBP40 billion.

Types of Accounts

When signing up to use Revolut...

...future customers are presented with three types of accounts they can choose from:

• Standard
• Premium
• Metal

The base package, Standard, is free of charge (UK and Euro IBAN). Users of these can spend in over 150 currencies at an interbank exchange rate. Also, it's possible to exchange in 29 fiat currencies up to GBP 5000 monthly (no fees!).

The Premium account costs GBP 6.99 per month and beside all of the perks that come with Standard, users of this one can get no fees on ATM withdrawals up to GBP 400 per month, overseas medical insurance and insurance for delayed flights or baggage. Likewise, they've rights to access 5 cryptocurrencies, disposable virtual cards, LoungeKey Pass access, and priority customer support.

And finally, the icing on the cake is...

...the Metal – package costing GBP 12.99 per month. Beside all of the mentioned above, this top-tier account ups the ante for no fee ATM withdrawals to GBP 600 per month, gives the exclusive Revolut metal card, disposable virtual cards, 0.1% cashback within Europe and 1% outside Europe on all card payments and even access to a concierge that will “help you manage your lifestyle”.

Variety of Products

Money transfers can be taken care of in 29 international currencies. They all come with interbank exchange rates, no hidden fees, setting up recurring payments and sending/receiving money in matter of seconds.

Exchanging cryptocurrencies is significantly faster via this app. Bitcoin, Litecoin, Ethereum, Bitcoin Cash and Ripple are the five eligible digital assets that can be exchanged (with no fees) into 29 traditional currencies. Helping users is the real-time crypt graph which shows current exchange rates.

Vaults help people set financial goals and stick to them! This convenient way to put money aside will make saving instant and super-easy. Users can do so by rounding up their spare charge, setting up a recurring payment and staying on top of their spare change.

Budgeting lets users set monthly budgets on expenses such as groceries, dining out (and, of course, online gaming) in order to better control their finances. After setting up the budget, the progress of spending will be tracked in real-time which gives a better insight into spending rates and sticking to objectives.

Revolut Card Casino

Revolut Perks is a great way to earn cash(back) rewards for everyday spending! Available only for selected users (for the time being). Depending on your type of spending (eg. travel, restaurants or groceries) you can get 35%, 45% or 50% off.

Mobile phone and pay-per-day overseas medical insurance covers accidental damage to your phone in an instant, globally viable way (for the former) and provides medical and dental coverage by using geolocation so that users are only charged for the days they are abroad.

FAQs

Users can spend or transfer money abroad in over 150 and 29 currencies respectively with the interbank exchange rate, with a small 0.5% fee for anything above £5,000 each month.

If you lose or misplace your card, freeze it within the app and we’ll have a new one sent out to you. If you find it again, just unfreeze your card from the app.

3. Can iOS users combine Revolut with ApplePay on iPhones/iPads?

Yes, you can use your Revolut card with Apple Pay for fast and secure payments.

4. Can users link their Visa cards to Revolut accounts?

Yes, players can cashout by linking Visa card to Revolut.

5. Does using Revolut card bring certain perks to me as a user?

Each payment made using Revolut card works your way to Revolut Perks cashback.

Casinos that Offer Revolut

Revolut Casinos (4)

Casinos with Revolut

Overview

Revolut is a relatively new electronic payments platform which focuses on allowing individual users and businesses the chance to send and receive funds without the need to rely on traditional banks.

The company is regulated by the FCA (Financial Conduct Authority) and also holds a European banking licence. It offers completely free global transfers, as well as fee-free international spending at interbank exchange rates.

Revolut can also be used as a multi-currency “digital payment card” via its innovative app. Its creators claim that it is possible to open a Revolut account in less than one minute.

Standard accounts allow users to hold and exchange between 25 different currencies, send and receive money locally and internationally, make purchases abroad with zero fees, and make up to £200 of free withdrawals per month at an ATM.

As a payment method, it is accepted by some of the most well-known online casinos in the world.

Revolut also offers a premium account option where users can access reduced overseas medical insurance, exclusive card designs and 24/7 customer support. However, most of the features enjoyed by VIP users of other payment methods can be accessed for free within Revolut. The firm has recently started to offer its own contactless Visa and Mastercard cards, to facilitate faster transactions.

Advantages

• Convenience: Revolut is widely accepted in card form by thousands of businesses, including many of the world’s most popular online casinos. This makes depositing and withdrawing as easy as can be, allowing casino fans to get involved with all the latest gaming action in next to no time.
• Security: When a user pays with Revolut, they aren’t required to share any of their personal banking information with their casino of choice. This helps to massively reduce the chances of becoming a victim of data theft and/or fraud.
• Rapid: Deposits and withdrawals performed via Revolut are usually instantaneous. While some casino operators may have their own rules regarding deposits/withdrawals (for example, a 24-hour delay before processing a withdrawal), Revolut still offers a faster alternative than the traditional 3-5 working days most traditional banking transactions take.
• Easy to sign up: Those who wish to use Revolut as a funding method can have an account set up in less than one minute. The sign-up process is fluid and convenient.
• Availability: Unlike many of its competitors, Revolut allows users to operate using 25 different currencies. This inclusivity is likely to work out well for casino fans who find that other platforms won’t allow them to use their currency of choice.
• Regulated: With a licence to operate in the European Union and full regulation from the FCA, Revolut users don’t have to worry about potentially losing money in the event of financial issues with the company.

Drawbacks

• Restrictions: While Revolut operates throughout the world, it has yet to be adopted by some online casinos. This is partly due to its relatively new status in the world of electronic payments, however, and increasing numbers of Revolut brokers are expected to get on board soon.
• Customer service: Early reviews of Revolut pointed to poor customer service – although more recent reviews demonstrate a marked improvement of late.

Speed Of Revolut Payments

With a scalable, rapid-speed infrastructure in place, Revolut payments can be made instantly. As soon as you deposit funds, they will leave your Revolut account and allow you to enjoy all the latest online casino action.

In some cases, withdrawals may take slightly longer, but most withdrawals are usually made within 24 hours, depending on your casino of choice. It’s always worth consulting the terms and conditions of a casino to find out how long withdrawals may take, and whether a casino will impose a small fee for the use of Revolut.

Security

Revolut offers enhanced security, including options for users to enable or disable contactless payments and swipe payments. From an online perspective, it features the latest encryption techniques to ensure that your data is kept away from malicious hackers, fraudsters and thieves.

Fees Or Costs

Sending and receiving money with Revolut is free in over 130 countries around the world. Making payments is also free, however, some online casino vendors may charge a small commission fee for those who wish to make withdrawals using the service (see the terms and conditions of your casino of choice for further information).

Revolut users can access their funds via an ATM machine (up to £200 per month). All withdrawals over this limit are subject to a 2% surcharge.

Is Revolut A Good Choice For Casino?

The beauty of Revolut is that it is easily adoptable by all traders on account of working in much the same way as a traditional bank card does, helped in part by the firm’s partnerships with both Visa and Mastercard.

It offers a secure platform for online casinos to receive funds and payout winnings and is recognised worldwide as one of the easiest ways to make payments in an increasingly global society. All this makes Revolut a great choice for traders, and as word spreads it’s likely that most online casinos will adopt the payment platform in the near future.

FAQ

Are there any Revolut bonuses?

In addition to being able to spend money around the world in a variety of traditional currencies, Revolut users can also trade in cryptocurrency including Bitcoin. It facilitates the easy use of crypto-only casinos, many of which offer attractive sign-up bonuses.

Can I deposit and withdraw?

Depositing funds and withdrawing winnings is easy with Revolut. As always, users should check the terms and conditions of their casino of choice to find out how easy it is to deposit/withdraw using this platform.

What countries can use Revolut?

Revolut can be used in over 130 countries worldwide. For a comprehensive list of countries which accept Revolut as a form of payment, consult the official Revolut website.

Revolut Card Gambling Games

Revolut history

The London-based firm was founded in summer 2015 by two enterprising fintech pioneers, Vlad Yatsenko and Nikolay Storonsky. Prior to forming Revolut, Yatsenko had spent a decade creating financial systems for some of the largest investment banks in the world.

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The idea for Revolut came about while Storonsky was doing a lot of travelling. Dissatisfied with spending hundreds of pounds on exchange rate commissions and international transaction fees, the solution became clear: to create a multi-currency electronic payment platform. In just a few short years, the very same platform has been adopted by some of the world’s largest online casinos.

Brokers that accept Revolut

The following online casinos accept Revolut as a payment/withdrawal method:

• Betfair
• Betway Casino
• Unibet Casino
• Playzee Casino
• LeoVegas Casino
• PlayOJO Casino
• Rolla Casino
• Genesis Casino
• Temple Nile Casino
• Casino Heroes

It is expected that Revolut will continue to add more vendors as demand for the platform increases.

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