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Revolut launches early salary feature in the UK and web app – TechCrunch

Web app Press 2

Fintech startup Revolut has two new options this week. First, the corporate is launching an internet app for its common customers — not simply enterprise customers. Second, within the U.Ok., Revolut has partnered with Modulr to allow you to obtain your wage a day early.

Revolut has traditionally targeted its efforts on its cell app. In case you have a enterprise account with Revolut, you understand you could see your previous transactions and entry your account from a daily net browser. However the firm’s 13 million prospects couldn’t entry their account from a pc.

Everybody can now head over to Revolut’s web app and check in to view their transaction historical past and playing cards. From this interface, you possibly can freeze and unfreeze a debit card and management card options. The net app additionally helps account top-ups utilizing a financial institution switch, a card fee or Apple Pay (in Safari).

By default, Revolut sends a push notification in an effort to authorize net browser entry. However in the event you’ve misplaced your telephone, you may also select to obtain a safety code by way of e-mail.

You’ll nonetheless have to make use of the cell app to entry some options, nevertheless it’s a begin.

As for customers residing within the U.Ok., Revolut is doubling down on its partnership with Modulr to ship your wage a bit early. Salaries remodeled the Bacs payment scheme will arrive a day sooner than standard — most individuals are paid utilizing this technique within the U.Ok. That is all about optimizing fee infrastructure, and it might be notably useful earlier than a protracted vacation weekend.

This also needs to profit Revolut immediately as many customers have been utilizing Revolut along with a daily checking account. Including options that make it simpler to ditch your checking account may increase the corporate’s utilization numbers. And that might assist the corporate develop its card interchange charges, subscription income and different sources of income.

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Romain Dillet