Revolut Expands Merchant Payment Solutions with BigCommerce Integration

Revolut’s Business Payment Gateway has integrated
BigCommerce to enhance payments for online merchants, promising a better
payment processing experience. This collaboration aims to enable e-commerce
businesses to accept a range of payment methods, manage transactions with ease,
and benefit from next-day settlements within their BigCommerce dashboard.

Revolut and BigCommerce Combination

According to the official statement, the new agreement
enables merchants to offer their customers an efficient checkout experience.
This integration announced on LinkedIn on August 23, 2024, aims to enhance how
online businesses handle payments.

Revolut’s gateway enables BigCommerce merchants to
accept over 25 different currencies. The platform promises high payment success rates and low transaction fees. Additionally, it eliminates
additional charges for refunds or fraud monitoring.

This enhancement makes it a cost-effective solution
for businesses aiming to optimize their payment processes. Merchants using
BigCommerce can now manage all aspects of their payment processing directly
from their admin dashboard, simplifying operations.

The integration allows over 45 million Revolut users
to pay directly from their Revolut balance, reportedly boasting an impressive
98.5% authorization rate. Additionally, businesses are protected by Revolut’s
PCI-DSS compliance and robust fraud monitoring tools, ensuring secure
transactions.

Revolut’s integration with BigCommerce followed a
period of growth for the London-based FinTech. In 2023, the company added 12
million new customers, bringing its total to 45 million as of June 2024. The
firm’s revenue nearly doubled from $1.1 billion in 2022 to $2.2 billion in
2023, highlighting its rapid expansion.

A New Phase for Revolut

Revolut secured a banking license in the United
Kingdom in July 2024. Granted by the Prudential Regulation Authority, the
license comes with certain restrictions as part of the typical
“Authorization with Restrictions” phase for new banks in the UK. During this period, Revolut will continue to operate
as usual while completing the build-out of its UK banking operations.

Expect ongoing updates as this story evolves.

Revolut’s Business Payment Gateway has integrated
BigCommerce to enhance payments for online merchants, promising a better
payment processing experience. This collaboration aims to enable e-commerce
businesses to accept a range of payment methods, manage transactions with ease,
and benefit from next-day settlements within their BigCommerce dashboard.

Revolut and BigCommerce Combination

According to the official statement, the new agreement
enables merchants to offer their customers an efficient checkout experience.
This integration announced on LinkedIn on August 23, 2024, aims to enhance how
online businesses handle payments.

Revolut’s gateway enables BigCommerce merchants to
accept over 25 different currencies. The platform promises high payment success rates and low transaction fees. Additionally, it eliminates
additional charges for refunds or fraud monitoring.

This enhancement makes it a cost-effective solution
for businesses aiming to optimize their payment processes. Merchants using
BigCommerce can now manage all aspects of their payment processing directly
from their admin dashboard, simplifying operations.

The integration allows over 45 million Revolut users
to pay directly from their Revolut balance, reportedly boasting an impressive
98.5% authorization rate. Additionally, businesses are protected by Revolut’s
PCI-DSS compliance and robust fraud monitoring tools, ensuring secure
transactions.

Revolut’s integration with BigCommerce followed a
period of growth for the London-based FinTech. In 2023, the company added 12
million new customers, bringing its total to 45 million as of June 2024. The
firm’s revenue nearly doubled from $1.1 billion in 2022 to $2.2 billion in
2023, highlighting its rapid expansion.

A New Phase for Revolut

Revolut secured a banking license in the United
Kingdom in July 2024. Granted by the Prudential Regulation Authority, the
license comes with certain restrictions as part of the typical
“Authorization with Restrictions” phase for new banks in the UK. During this period, Revolut will continue to operate
as usual while completing the build-out of its UK banking operations.

Expect ongoing updates as this story evolves.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    BaFin Warns Against Investment Offers Shared in WhatsApp Groups by Unlicensed Firm

    Germany’s financial regulator, BaFin, has issued a public warning against Axionto, a company allegedly promoting unlicensed investment services through WhatsApp. The firm is reportedly targeting German investors with financial recommendations…

    Exclusive: Markets.com Surrendered Its FCA Licence, the CEO Departs

    Markets.com CEO Stavros Ch. Anastasiou has departed the company, which has also relinquished its license with the UK’s Financial Conduct Authority (FCA). Anastasiou joined Markets.com in 2023 from Safecap Investments…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    BaFin Warns Against Investment Offers Shared in WhatsApp Groups by Unlicensed Firm

    • July 9, 2025
    BaFin Warns Against Investment Offers Shared in WhatsApp Groups by Unlicensed Firm

    What Is a Forex Gamma Squeeze and How Does It Affect Prices?

    • July 9, 2025
    What Is a Forex Gamma Squeeze and How Does It Affect Prices?

    What Is a Synthetic Safe-Haven and How to Trade It?

    • July 9, 2025
    What Is a Synthetic Safe-Haven and How to Trade It?

    Exclusive: Markets.com Surrendered Its FCA Licence, the CEO Departs

    • July 9, 2025
    Exclusive: Markets.com Surrendered Its FCA Licence, the CEO Departs

    Markets.com’s CEO Stavros Anastasiou Departs

    • July 9, 2025
    Markets.com’s CEO Stavros Anastasiou Departs

    Markets.com CEO Stavros Anastasiou Departs

    • July 9, 2025
    Markets.com CEO Stavros Anastasiou Departs