Why is the use of Revolut soaring for online betting? – London Business News | London Wallet

Since betting online can be a great pastime, you always want to ensure that you have access to a great and comprehensive betting experience. The problem is that a lot of sports betting companies/websites will not always cover the payment options you want. That can be challenging, especially if you’re focused on betting and having an enjoyable experience. With Revolut, you can change that, and enjoy access to some of the best bookmakers in the UK, Ireland, but also worldwide as well. Research by the Irish betting website Scs.ie shows that pretty much every big name bookmaker accepts Revolut debit cards.

What is Revolut?

Revolut is a financial technology company and neobank, with its headquarters being located in London. The company offers a variety of banking services, which include currency exchange, credit and debit cards, but also personal loans, trading commodities and stocks, crypto and many others. Of course these services will vary based on its locations, but the company is known for bringing in a multitude of solutions.

Since it relies on the latest financial technologies, Revolut is widely known for being a very safe option when you don’t want to use your credit card, for example. You still have the opportunity to use financial services while using a Revolut card, and thus remove limitations that might arise. For example, some banks won’t allow you to use their debit or credit card internationally, but moving funds to your Revolut account/card will allow you to do that.

What are the advantages of using Revolut?

• One of the major benefits you get from using Revolut is that there is a great transparency when it comes to the exchange rates. You don’t have to worry about exchange fees, instead you get the real exchange rate price. If you want to exchange a large amount, that can make a huge difference.
• Additionally, you can withdraw money without making any exchange on the app. The service is also available all the time, and it just brings a lot more convenience. That alone is a great benefit, especially for bettors.
• It’s even possible to make ATM withdrawals abroad without dealing with any additional costs.
• On top of that, there are no charges for commissions or fees related to international or national purchases/transactions.
• You can send money to other Revolut accounts, and the transfer happens immediately.
• If you lost your card or if it got stolen, you can request a duplicate and it will be sent to your address.
• Their Revolut app allows you to easily block or unblock the card at any time. So if it does get stolen, you have the means to stop people from using your funds.

Why so many bettors choose to use Revolut?

Betting with your own credit or debit card can be very challenging, especially if you plan on betting on websites you never used before. Revolut is designed as a great solution for that, since it will bypass any limitations that a regular bank might have. In fact, some banks will not offer support for betting websites, and payments can get declined.

All you need to do is to access your Revolut account, create and ship a Revolut card to you, and then you can load your funds within the Revolut account. The entire process is meant to be very seamless and simple. Plus, once you have funds in your account, you can use them without a problem. For a bettor, that helps a lot, because you gain complete control over where and how you can bet. You don’t have to worry about limitations or banks stopping you to spend over a certain limit.

Why is it used for online betting?

Revolut offers great security and privacy. Since you are betting online, the last thing you want is to get scammed by a random website. Plus, you also want to control how much you spend. And in this case, Revolut helps because you can set the limit you want, not to mention you can bypass some of the regional limitations that might arise.

To make things even better, Revolut does an exceptional job at bringing you some of the best ways to bet without any hassle. Revolut is accepted by most of the major bookmakers. And on top of that, you can also access bonuses in some cases, specifically if you use this platform. The fact that you get to have a simpler way to bet, while also safeguarding yourself from scammers does help a lot more than expected. And yes, you get to finally circumvent limitations as you focus on betting wherever and however you want.

Revolut also has great reputation, it’s very easy to access at any time, and it even has a mobile app. There are also no fees, which means you can save funds and use them to bet on the sports you want. It also delivers great privacy, while conveying a tremendous experience every single time.

Things to note when trying to bet using Revolut

A very important aspect to note is that while Revolut is widespread as a payment option, not every bookmaker in the UK supports it, yet. That means you have to check the website and see if they offer support or not. The Revolut mobile app is great to use and it allows you to check your current funds, not to mention you can add funds as well. And yes, if the sportsbook offers any promotions, if you deposit funds with Revolut, you shouldn’t have a problem accessing those rewards.

It’s a great idea to bet with Revolut, since it delivers the safety, privacy and control over your funds that many platforms won’t. Another benefit is that Revolut is very convenient, and it can provide a really good return on investment. We highly recommend using Revolut if you’re looking for a safe, yet effective betting experience in the UK, just make sure you find the right sportsbooks that support it!