INDUSTRY OUTLOOK
Mastercard bank card . Revolut users can skip any verification checks as Revolut can rely on existing verification from the Revolut app . The checkout process takes only a few seconds . If users pay directly from their Revolut account , the fiat transaction will be outside of the scheme card rails and entirely within Revolut ’ s ecosystem . This increases the success rate and allows Revolut to offer competitive prices without being burdened by additional card processing costs .
Revolut Ramp offers an integrated Know Your Customer ( KYC ) process that non- Revolut customers can complete in just a few minutes . This process uses the same infrastructure that has been used to verify the identities of millions of Revolut users in a seamless and low-friction way . The customer can purchase at competitive fees more than 20 different tokens , including ETH , USDC , USDT , SHIB , 1INCH and many others , via the app or website .
Mazen Eljundi , Global Business Head of Crypto at Revolut , said : “ We are excited to announce our new crypto product Revolut Ramp , a leading on-ramp solution for the web3 ecosystem . Our onwww . intelligentfin . tech
41