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Revolut Business Tackles Business Payment Facilitation Struggles with RevTag

September 19, 2023

The complications that arise when needing to enter IBANs or other beneficiary details are all removed with RevTag. In lieu of them, individuals or businesses only need to enter the RevTag of the recipient in the Revolut Business app. Over 30 million retail consumers already have access to this feature – now businesses will too.

The network makes sending and receiving fee-free-cross-border payments in over 29 currencies possible. The feature is completely free and provides businesses with the ability to pay employees and contractors with ease in more than 150 countries and regions around the world.

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