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Revolut launches new money transfer feature

Jordan Williams | 14:25 Tuesday 27th February 2018

Mobile banking platform Revolut has introduced Rev Me! .

Those without the Revolut app can now transfer funds instantly to Revolut customers in nine currencies using a debit or credit card.

At present, users can request amounts between £1 and £250.

The new feature is designed for splitting bills – restaurant tabs, household bills etc – with large groups of people.

Money can be requested from any phone contact in the payments tab of the Revolut app.

The payment request link will then be sent instantly via SMS.

Revolut recently announced the introduction of price alerts and a new pay-per-day travel insurance service.

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