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BUSINESSTODAY p11 February 2021

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7 INTERVIEW 11.2.2021 Revolut? What services do you offer business customers? Revolut Business helps businesses to manage everything in one place, without the need to alternate and reconcile between acquiring and banking platforms. Customers with a Revolut Business account can see payments settled the next day, which allows for improved cashflow and quick access to busi- ness funds. Business customers can stay on top of their fi- nances and accept payments online using Rev- olut Business' easy-to-install checkout plugins or building their own checkout experience us- ing the customisable widget and Merchant API. Companies can also request payments from any- one around the world by using a secure payment link that can be shared with customers. They can do all of this without the need for a website or online store. Furthermore, businesses can look to expand into new markets without having to worry about incurring additional fees as they can save on cur- rency conversions and accept payments in 14 currencies. Funds can be kept in the same cur- rency or converted to another at the interbank rate to help save on foreign exchange fees. Revolut has recently launched an online app, in a shift away from the mobile- only model that the company previously adhered to. What was the reason for this move? Will you be adding further features on the online web app in the future? We wanted to provide customers with a way to safely access their account from a computer or laptop if they could not get to their phones. There are some customers who may prefer a desktop view of their account, so now the Revo- lut web app gives them accessibility and conveni- ence from wherever they are in the world. What should Revolut customers in Malta look out for in 2021? Customers should look forward to Revolut Bank's expansion which will come with insur- ance protected deposit accounts. aims to exceed customers' needs

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