Revolut is a popular online payment processing platform that was founded in 2015 and has become a go-to online payment option for gamblers, especially in Irish online casinos. The platform is well known for its accessibility and the quick payment option which has made it reliable and a go-to option for most individuals. Though the platform was first created for fee-free cross-border transactions to support popular cards like Visa and MasterCard, Revolut has shifted from its original focus because of the regulations about debit cards in the UK.
It has been able to establish itself as a platform that provides ease of account creation, it is globally available and has a swift move from traditional banking methods. Most Irish Revolut online casinos offer Revolut as a payment option for its users because of its secure and efficient payment solution. It also has a user-friendly mobile app that continues to attract gamers.
Who are Revolut?
Revolut Ltd, with the company number 08804411, is licensed by the Financial Conduct Authority to issue electronic money as per the Electronic Money Regulations 2011, having the firm reference number 900562. The company is registered with the Financial Conduct Authority to deliver cryptocurrency services under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Casino Sites that Accept Revolut
Why Use Revolut Casinos for Gambling Online
Using Revolut for your gambling activities will enhance your game as a gambler. It’s no wonder that a lot of players prefer it to other online payment options.
Let’s look at some of the perks of using Revolut Casinos:
· No Transaction Fees: Revolut doesn’t charge its users extra processing fees. It makes it easy for users to deposit and withdraw their funds without worrying about incurring an extra cost.
· Instant Transactions: With Revolut, the transaction process is swift. Whether you’re using it for deposit or withdrawal, it is a great option for people who don’t want any delay.
· Ease of Use and Security: It is very easy to use. Revolut has a user-friendly mobile application with high-security measures to prevent unauthorized access to players’ information. And it gives an option to players to freeze their cards, which gives them control over their finances.
· Popular among Mobile Gamers: It is popular among internet casino gamers because of its versatile payment method and application reliability.
· Ease of Account Creation: Registering a new Revolut account is very easy and seamless. It is simply downloading the mobile app, providing a phone number, confirming a password and six-digit code, verifying the account, and making a deposit to kick-start it. It also allowed users to use their cards at online Revolut casinos without receiving a physical card.
· Supported by Many Casinos: A lot of casinos accept Revolut as a payment method so players don’t have to worry about where to play, meaning they have a wide range of choices when selecting where to play.
· Innovation and Accessibility: Revolut continuously improves its payment processing by removing additional fees and making it easy to make transactions across borders using a mobile app. It also supports top payment networks like Visa and MasterCard for those that want to create a debit card.
· Quick Withdrawals: Players can be assured of a swift and seamless withdrawal process. It makes it very convenient for players because they don’t have to be held up by long waiting times.
· Safety and Dependability: They have reliable security measures, which is they are one of the most sort after-payment options for games in online casinos in the UK. They are safe, quick and dependable.
Benefits of Using Revolut for Gambling
Using Revolut for online casinos comes with several benefits, some of them are:
· Convenience and Security: Revolut has an easy-to-use application with high-security measures for its users. It also has a feature for freezing cards while ensuring personal data are well protected during payment online.
· Instant Transactions: it has swift Deposits and withdrawals. Users can be assured of their transactions being swiftly processed, which provides quick access to funds for gambling activities.
· No Transaction Fees: Revolut doesn’t charge an additional fee when a player deposits or makes withdrawals. That means you can freely make transactions without worrying about your funds being short.
· Multiple Online Casinos Accept Revolut: Unlike other payment options, Revolut is widely accepted at various Revolut online casinos. Many reputable platforms use Revolut as a payment method, meaning you have a wide range of casinos to choose to play with.
However, it’s you should know that there might be some restrictions when using Revolut for online casino payments option in the UK. Their cards can no longer be used for gambling in the UK but players in other parts of the world can use it for their online casino transactions. UK players might want to consider alternative payment methods like debit cards (Visa, MasterCard, and Maestro).
Cons of Using Revolut for Gambling
Just like everything has an advantage and a disadvantage, Revolut also has its cons. These are:
· Waiting Period for Physical Card: If you apply for a physical card, it usually takes 10 days to finally get it delivered to you.
· Limited Acceptance: Even though it is a popular payment option, some casinos still don’t accept it, which means it can limit your choices of where to gamble
· Termination of Credit Cards for Gambling in the UK: In 2020, Revolut stop online gambling using its credit cards after the nationwide online payment restriction in the United Kingdom. This has limited a lot of players who were dependent on the card.
· Personal Information Requirement: Though Revolut is considered safe and secure, users must be ready to provide certain personal information to use it. If the player is not comfortable with sharing such information, it can be seen as a downside.
· Potential Involvement with Gambling Addiction and Overspending: Some claim that using Revolut can contribute to gambling addiction because players can easily send funds into their account and it might lead to loss of control and overspending. However, Revolut has tools to prevent this, such as the Money Management System, but some users still see it as a problem.
Revolut Deposit Charges & Fees
Fortunately, with Revolut, there are no extra charges for deposits. Nonetheless, it’s worth noting that certain casinos may impose fees. We strongly recommend familiarizing yourself with the casino’s terms and conditions and reaching out to their customer service if you need any clarifications. Usually, the casino’s payment page provides a list of any supplementary fees. As for Revolut payments, charges will only apply when you convert cash funds to a different currency after reaching the relevant threshold. While there are fees for ATM withdrawals if you exceed a specific limit, this will not impact your withdrawals at the casino.
Revolut Account Withdrawal Speed
Similar to other withdrawal methods, Revolut withdrawals typically take approximately 3 to 6 business days. However, some casinos may provide instant withdrawals when using Revolut, subject to specific conditions that players must meet. Additionally, Premium Revolut users may enjoy certain advantages in terms of withdrawal speeds.
How to Make a Withdrawal Using Revolut
Making a withdrawal using Revolut at an online casino is a simple and speedy process. Just follow these steps, and your winnings will be in your account in no time:
- 1. Access the casino lobby and click on the withdrawal option.
- 2. Enter the amount of money you wish to withdraw.
- 3. Depending on availability and requirements, select either the Revolut or card method. Provide the necessary details like card number, CCV, etc.
Keep in mind that the arrival time of your money may vary, as it depends on the casino’s withdrawal processing policy. It could take 24 hours or more for the funds to be credited.