Revolut is adding a cryptocurrency payment feature that will allow its customers to use their cryptocurrency balance to pay for everyday purchases using their Revolut card.
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The service will be available from November 1 and in fact for a limited time customers will be able to earn 1% cash back on all their cryptocurrency balance spent.
Approval for Crypto in the UK
This new service from Revolut comes after the UK-based company won registration from the country’s Financial Conduct Authority to offer cryptocurrency services in the UK, after a long wait for approval.
The platform offers in-app transactions of more than 30 digital currencies for its more than 20 million personal users, according to its website.
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