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Revolut

Revolut Business blends digital banking, card payments, and multi currency tools in a single platform built for fast moving businesses.

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Exclusive Rates From as Low as 0.26%

Revolut

What Is Revolut Business?

Revolut Business is the commercial arm of the well known digital banking platform, Revolut. While Revolut started as a personal money management app, it has grown into a full scale financial platform for businesses, providing current accounts, international transfers, card issuing, expense management, and integrated card acceptance tools.

For UK companies, Revolut Business offers a hybrid between traditional banking and modern fintech. It lets you receive and make payments, manage team expenses, issue physical and virtual cards, and now, through its payment gateway and links, take payments from customers both online and in person.

It’s particularly appealing to startups, freelancers, digital service providers, and ecommerce businesses looking for flexibility, real-time control, and multi currency support without needing multiple vendors.

With more than 500,000 businesses onboard globally, Revolut Business has become a go to solution for companies that want to combine banking and payments in a digital first, mobile friendly format.

Revolut Business Features & Benefits

  • Multi currency business accounts
    Hold, send, and receive money in over 25 currencies with local account details and realtime FX at interbank rates
  • Instant card issuing
    Issue physical and virtual debit cards to team members, control spending, and receive instant notifications via the Revolut app.
  • International payments and transfers
    Send payments globally with low FX rates and transparent fees, perfect for international payroll, suppliers, or freelancers.
  • Integrated payment links and QR codes
    Accept payments using branded payment links, invoices, or QR codes, no complex gateway setup required.
  • Merchant acquiring and online checkout
    Revolut now offers a full ecommerce payment gateway with hosted checkout and card processing, ideal for small businesses selling online.
  • Automated invoicing and subscriptions
    Generate invoices, send reminders, and accept subscription based payments with builtin recurring billing tools.
  • Expense management and approvals
    Track expenses, assign budgets, set role based permissions, and simplify reconciliation for finance teams.
  • App and API integration
    Connect to accounting tools like Xero, QuickBooks, or access Revolut’s developer APIs for custom payment or reporting features.

Best Use Cases for Revolut Business

Revolut Business is ideal for:

  • Startups and sole traders needing modern banking and payments
  • Digital agencies, consultants, and ecommerce sellers
  • Teams with international operations or remote staff
  • Subscription based or invoice driven businesses
  • Companies who want to consolidate banking and payment tools in one place

Less suited to:

  • High volume physical retailers needing EPOS terminals
  • Businesses requiring multi location instore hardware
  • Regulated industries needing traditional bank-backed merchant accounts

Revolut Business Pricing & Plans

Revolut Business offers tiered pricing models, including Free, Grow, Scale, and custom Enterprise plans. Each tier includes different account limits, payment allowances, and feature access.

  • Free plan includes basic banking, card issuing, and local payments.
  • Paid plans unlock FX allowances, priority support, higher transaction volumes, and advanced team management features.
  • Payment acceptance fees apply for card transactions, typically on a per-transaction basis with no setup fee.

Compared to legacy banks, Revolut’s plans are highly transparent and favour growing businesses. For card acceptance, it competes with Stripe and SumUp, but with the added benefit of builtin banking, invoicing, and card issuing.

Compare Card Fees can help determine which Revolut plan fits your business and whether combining Revolut with other merchant tools may improve flexibility or cost.

Pros and Cons of Revolut Business

PROS

Combines banking and payments in one platform

Instant card issuing and global transfers

Multi currency support with strong FX rates

Transparent, flexible pricing

Integrated invoicing and payment collection

Cons

Limited hardware support for instore payments

Support and account limits vary by plan

Some features require higher tier subscriptions

FAQs About Revolut Business

Can I accept payments through Revolut Business?

Yes. Revolut Business allows you to accept payments via links, QR codes, or an integrated checkout page. It also supports recurring payments and card on file billing.

Is Revolut a bank in the UK?

Revolut operates as an electronic money institution in the UK, not a fully licensed bank, but offers business accounts with FSCS like protections and segregated client funds.

What fees are involved with Revolut Business?

There are no setup fees. You’ll pay transaction fees for payment acceptance and monthly fees for paid plans depending on your usage needs.

Can I manage team expenses through Revolut?

Yes. Revolut Business lets you issue cards, set budgets, and track team spending in real time with full visibility and control.

Does Revolut offer physical card machines?

Not currently. Payments are taken through links, invoices, and online checkout rather than traditional card terminals.

What integrations are available?

Revolut Business connects with Xero, FreeAgent, QuickBooks, and offers APIs for more technical integrations with your business tools.

Is Revolut safe for business banking?

Yes. Revolut uses top tier encryption, segregated accounts, and FCA registration for peace of mind. It’s widely used by startups and online businesses.

Can I use Revolut for global payments?

Absolutely. Revolut’s FX rates and multi currency accounts are great for international business, supplier payments, and remote teams.

Does Revolut support subscription billing?

Yes, you can create and manage recurring payments, making it a good choice for membership, SaaS, or service based businesses.

Can Compare Card Fees help me decide on Revolut?

Yes, we’ll assess how Revolut compares with other providers and whether a standalone platform or combination of tools suits your workflow and growth plans.

Is Revolut Business the Right Fit for You?

Revolut Business offers a forward-thinking blend of financial services and payment tools designed for today’s digital first businesses. If you want one platform to handle your business banking, expense tracking, and customer payments, all from your phone or desktop, Revolut could be a smart choice.

It’s especially useful for freelancers, sole traders, and growing teams that need multi currency control, team spending oversight, and flexible payment acceptance without needing hardware or third party gateways.

At Compare Card Fees, we’ll help you understand how Revolut compares with Stripe, SumUp, and traditional providers, especially when it comes to costs, integrations, and how much control you need. Whether you’re just launching or scaling fast, speak to our team to see if Revolut Business is the right partner for your growth.

Still exploring options? Compare UK payment providers here to find the best fit for your business.

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