Fintech & New Budget reported on Wednesday that Revolut has introduced Apple Pay to Revolut Junior users in the United Kingdom and European Economic Area (EEA).
This will happen soon in the US, Singapore and Australia.
The Revolut Junior Magazine is ideal for children and young people and is an extension of the parent Revolut account. Users will be able to use the iPhone or Apple Watch to make payments from this account, according to the report.
“Bringing Apple Pay to teens simplifies payments with Revolut Junior and adds extra security — for the benefit of teens and their parents,” said Tara Massoudi, head of marketing at Revolut Junior. the. “We are moving towards a less prosperous society, and the pandemic has accelerated even more digital payment practices.”
Revolut is a digital banking alternative that includes prepaid debit cards, currency exchange and peer-to-peer payments, PYMNTS has reported. The Revolut application is in position No.
In July, London-based Revolut raised $ 800 million in funding at a cost of $ 33 billion, making it the UK’s most valuable private technology company in history and one of FinTechs’ finest finances. most not only in Europe, but in the world at large.
The firm, which trades itself as a “money super app,” launched in 2015 as a money-transfer service before expanding its services to include digital banking, stock trading, cryptocurrency features and more for its 16 million-plus customers worldwide.
The company’s goal is to use new money from investors to expand to new markets and markets, PYMNTS reported September 29.