Revolut Review for Merchants: Is Revolut Right for Your Business?

Please note that the information about the companies in this article was sourced from their respective websites as of July 2025. This information may be subject to change.

If your business takes payments across borders, you’ve probably hit a few headaches—high card fees, confusing exchange rates, and payouts that take forever to land. Revolut promises a sleek, all-in-one solution for global payments. But is it really built with merchants in mind?

In this Revolut review for merchants, we’ll break down what the provider actually offers for businesses—what works, what doesn’t, and what real users are saying. We’ll also introduce Noda, an alternative built on open banking.

Revolut’s Pros and Cons

To save you time, here’s the bottom line from our detailed research below.

Revolut Overview

What Is Revolut?

Revolut is a UK-based mobile-first fintech company and a challenger bank, serving international clients and businesses seeking foreign exchange at good rates. Its flagship product is a multi-currency account, where customers can spend, save and send money locally and abroad.

Revolut Business includes a payment gateway, however, it is not its primary focus but rather an added component of the overall product offering.

Revolut Ownership

Revolut is a private company, founded in 2015 by Nikolay Storonsky (now CEO) and Vlad Yatsenko. Storonsky is still the biggest individual shareholder, owning more than 25% of the company after recently increasing his stake.

The remaining stocks of the company are owned by investment firms and venture capital groups, and is split between private investors and former employees.

Revolut’s Valuation & Profitability

Revolut’s valuation has gone up a lot over the past year. The latest proposal would’ve valued the company at $65 billion. That would make Revolut worth more than some big tech names, like Elon Musk’s xAI.

Meanwhile, the fintech company is fully profitable and has been for four years straight as of 2025. In 2024, Revolut’s revenue was £3.1 billion, and it made $1 billion in net profit.

Revolut Payments: Global Coverage

To use Revolut Business’s payment gateway and merchant services, your company needs to be officially registered and physically located in a supported country. Right now, that includes all EEA countries, the UK, and the US.

Revolut’s Available Countries

Businesses using Revolut’s payment gateway can accept payments from anywhere in the world in 25 currencies. Sending payments is possible to over 150 destinations.

Revolut’s Coverage of Currencies

As mentioned above, Revolut allows international payments in 25 currencies. These include:

• AED
• AUD
• GGN
• BRL
• CAD
• CHF
• CLP
• CNY
• COP
• CZK
• DKK
• EUR
• GBP
• HKD
• HUF
• ILS
• IDR
• INR
• JPY
• KRW
• LKR
• MXN
• MYR
• NOK
• NRP
• NZD
• PHP
• PLN
• RON
• SAR
• SEK
• SGD
• TRY
• THB
• USD
• VND
• ZAR

Revolut’s Language Support

Revolut doesn’t say exactly how many languages its Business payment gateway is available in.

But the Business help centre, web dashboard, and app are available in several major European languages like English, French, German, Spanish, Italian, and more.

Their customer support chat also says they can help in over 100 languages. While that refers to support (not the payment system itself), it suggests the platform supports a wide range of languages overall.

Revolut Business Clients

Below are some examples of Revolut Business clients. Most of them appear to be medium to large international companies mostly using cross-border payment features.

Businesses Ineligible for Revolut Business Account

Businesses in certain industries can’t open a Revolut Business account. These include high-risk companies – visit Revolut’s website for more information. Charities, public sector bodies, cooperatives, private foundations, and sole traders typically can’t open a standard business account either, though they may qualify for different Revolut products.

Revolut’s Payment Gateway and Other Features

Now, let’s take a look at the actual product more closely. Revolut offers a range of merchant services and other features, for example:

• Online payments through checkout pages, subscriptions and billing.
• Integration options available via e-commerce plugins, payment links, checkout widgets.
• In-store payments via Revolut Reader, PoS app, QR codes.
• Payouts are available domestically and internationally. 
• Card issuing is available with instant virtual and physical cards.
• Multi-currency accounts offer 30+ currencies. 

Revolut’s  Payment Methods

Revolut’s payment gateway offers merchants a range of payment methods, including debit and credit cards, digital wallets, including their own Revolut Pay, UK Faster Payments and instant bank payments.

Revolut’s Settlement Times

Revolut settles payments the next day, or within 24 hours of a successful customer transaction. This includes weekends and holidays, so payouts happen every day.

As soon as the money hits your Merchant account, you can move it instantly to your main Revolut Business account. If it’s in the same currency, there’s no fee to transfer. Once it’s in your Business account, you can use the funds right away for transfers, payouts, or everyday business expenses. Revolut’s withdrawals to local bank accounts are usually instant, but may take 1-2 business days depending on the payment method.

Revolut’s Security & Compliance

• Smart transaction monitoring: Revolut uses AI to watch for suspicious transactions around the clock.
• Biometric & Device Security: Face ID or fingerprint is required to log into the app. If someone tries to log in from a new device, extra checks are done.
• PCI DSS Certified: Revolut meets industry standards for handling card payments. Sensitive card info isn’t stored, only the last four digits are visible.
• Funds safeguarding: Your money is held in separate accounts at regulated banks, so it’s protected even if something happens to Revolut.

Revolut’s Licenses

Revolut’s Fees & Pricing

In terms of Revolut’s pricing, the business accounts use a tiered subscription system:

• Basic plan: £10 per month; core features and limited allowances
• Grow plan: £30 per month; increased free transfers, FX allowance
• Scale: £90 per month; high-volume allowances
• Enterprise: custom pricing; tailored to large businesses

Revolut Online Transaction Fees

On top of the monthly fees, Revolut charges merchants per transaction, depending on the payment method and whether it’s international or domestic. Here is the breakdown:

Revolut pricing as of July 2025.

Read: How to reduce card processing fees

Revolut’s Customer Reviews

It's worth noting that since Revolut serves both personal and business customers, most reviews cover a broad mix of services, not just merchant services. Smart Money People is the only platform in this comparison that focuses specifically on Revolut’s rating for Business services.

Revolut’s Customer Support

Revolut’s support gets mixed feedback. Many users say support is slow or unhelpful, with limited contact options and an overreliance on chatbots. Business customers especially mention problems during onboarding or when updating account details, often having to resend the same documents more than once.

Verdict: Is Revolut Right for Your Business?

Revolut’s merchant services are best suited to medium and large businesses with international operations and relatively straightforward payment needs. Most businesses are likely choosing Revolut for its multi-currency account and cross-border payments, rather than payment processing. For example, B2B companies like Deel, which uses Revolut for cross-border payroll and contract payments.

Meanwhile smaller businesses and startups can use Revolut, they may find the pricing too high for their volume, and the limited customer support frustrating. Revolut is also not a good option for e-commerce businesses that want a streamlined online checkout, as it’s not built for such needs.

Revolut Alternative: Try Noda Instead

Running into issues with Revolut’s high fees, limited support, or onboarding delays?

Noda offers a smarter, faster alternative, built for e-commerce businesses that want instant payouts, low-cost payments, and real support that doesn’t hide behind a chatbot.

Why Merchants Switch from Revolut to Noda

Real support from real people

Tired of being stuck in chatbot loops or waiting days for help? With Noda, you get a dedicated account manager who actually understands your business—and stays with you as you grow.

Experts in open banking

Revolut only supports pay-by-bank in 14 countries, limiting access to a faster, more efficient payment method. Noda is built for open banking—connecting to 2,000+ banks in 28 countries in the EU.

No card processing fees

Pay-by-bank moves money directly between bank accounts—no card networks involved. That means near-zero processing fees, no intermediaries, and up to 90% lower costs compared to Revolut. 

Calculate your savings with Noda

Easy integration

Whether you're technical or not, Noda fits your flow. Use e-commerce plugins, no-code checkout, or our full Open Banking API—whatever works for your team.

Explore Noda’s documentation

Wide range of tools

Not sure whether to use cards or pay-by-bank? Noda supports both. You also get payment links, in-store QR codes, a clean checkout experience, and more—everything you need to make payments simple and smart. 

Ready to simplify your payments?