Among the payment method's most popular features is the ability to have various currencies in the user’s account, which means they can pick whether to pay in GBP, EUR, USD, or any of the other 28 currencies that the service presently supports, including cryptocurrency. Once users have verified their identity, it is a relatively easy procedure.
There are over 18 million personal users in over 30 countries, including the US, Japan, and Australia. This translates to more than 30 different in-app currencies. It features a mobile app for projecting and tracking spending by category, merchant, and country. Users can also use the program to establish spending restrictions.
How to make a deposit with Revolut
The payment method has partnered with some of the largest online lottery providers, who have been quick to embrace it as their payment option. Punters may order a Revolut card to use for various online transactions, or they can continue to use their card's digital form immediately from their phone.
The procedure for making a Revolut deposit method at a lottery site online is straightforward. To begin, one should look for a casino that accepts credit cards as a form of payment. Depending on the premium package one desires to join, there may be fees associated with registering an account. Users, on the other hand, only require the basic account package to make deposits with any online lottery operator. This package is available at no cost.
Depositing via app
To join Revolut, the user must first download the app. They will then enter their phone number, create a password, and then validate their identity using the six-digit code delivered to their phone. But users need to verify their identity by providing their official name, date of birth, home address, and email before topping up $10 or more.
Topping up the account can be done by linking to another existing bank account of the same user and entering the credit card information. Notably, a user can opt between a regular or premium account as long as they pay the required charge. Additionally, they will be required to provide a selfie photo and a clear copy of their ID or passport for proof of identity reasons.
Revolut's compatibility with VISA and MasterCard is one of its most appealing features. The number of online lottery sites that accept Revolut as a payment method is growing every day, giving gamers additional options to choose from. To make a direct deposit using Revolut, players go to their website's payment section and select the Revolut card.
Additionally, they can select VISA or MasterCard as a payment method if it is linked to their Revolut account. Enter the deposit amount, user card number, name, and CVC-code. Before making any money transfers, one should check to see whether there is a minimum deposit requirement. After the user confirms the transaction, they will have their Revolut credit to use at online casinos. Users can swap their currencies for Bitcoin, Litecoin, Ethereum, Bitcoin Cash, or XRP on this crypto-currency exchange.
How to make a withdrawal with Revolut
While using the payment method at most online lottery sites, users need to make deposits with Revolut Payments to be able to access and withdraw using the same system. Thus, users planning to use this method for lottery payouts must also stick to the same payment method for depositing.
The time for the lottery payouts on some online lottery sites is not instantaneous. But users can still find those online lottery sites that allow them to cash out on the same day. Several sites perform security checks to ensure funds are paid to the right accounts.
To withdraw, users find the "Cashier" section on the online lottery site. They then select Revolut as the withdrawal method. And finally, enter the Revolut card details and complete the transaction. The withdrawal mostly takes between three and six business days. Some casinos, however, allow instant withdrawal of withdrawals with Revolut. They have extra conditions to be met. In addition, users who subscribe to premium packages are more likely to benefit from this option.
When withdrawing money from online lottery sites above a certain limit, there is a 2% fee. Withdrawals of up to $200 are free, after which they are chargeable at a 2 percent fee. There is also a 0.5 percent fee for transactions that exceed the monthly limit of six thousand euros in all currencies. Using the Revolut card, ATM withdrawals are free in most regions, so there will not be any excessive charges to the users.
Safety and security at Revolut
Revolut is well known for its safety measures for its users. The payment method gives users full control over their finances so that they can see all outgoings and any suspicious transactions. On top of that, for users linked with Visa and MasterCard, it has all their additional security measures. Users are also protected from being scammed while using the payment method because they can freeze their cards and contact customer service through live chat or the automated card-blocking hotline. They can also freeze their cards.
The payment method is popular because it employs algorithms to detect any activity involving fraud or other illegal conduct. Unlike other banking systems, their algorithms automatically suspend accounts until one of their compliance agents can assess the situation.
The provider has a banking license from the European Central Bank and has applied for a UK banking license. It is a full bank in some other countries, but not in the UK, and that means the way users' cash is protected is different compared to high street banks and other digital banks. But users should be aware that in the event of the insolvency of Revolut, they will be able to claim their funds from this segregated account at another bank, where customer funds are safeguarded.
Revolut customer support options
It is easy to get in touch with Revolut as they greatly value their customers. Customer support is available 24/7. However, users who have premium packs get priority support. Revolut's customer service is available within the app. All one has to do is simply tap the icon for help and click the huge question mark inside the bubble.
This presents the FAQ section help for minor issues. Major issues may require them to get in touch with customer support. One can also request a chat in real-time with a customer service representative on their website, or they can call them.
Users can also block their cards by calling the automated phone line or in the app anytime. The number helps them to temporarily block their card in case the need arises, and it also offers recorded information. Their social media pages will also be very helpful to users.
Additionally, users can use a third party, Resolver. It is a free complaint-resolution service that links British customers directly in touch with any customer service providers who can then address their issues. Support is available for Revolut, where they provide users with all the necessary information needed to raise and manage any issue.
About the author
Emily, a dynamic blend of tech-savvy and casino enthusiast, hails from the snowy landscapes of Canada. With her innate grasp of cultural nuances, she ensures online casino guides resonate deeply with Canadians. Emily's spirited and engaging nature makes her a favourite among peers.