Fintech giant Revolut is stepping up its challenge to the likes of Square and SumUp with a new payment terminal for larger businesses and retailers. The London-based banking firm is set to roll out the device, called Revolut Terminal, in the UK and Ireland ahead of the busy festive season in a push to grow its business-to-business offering. The new terminals will provide merchants access to Revolut Pay, a checkout option allowing the fintech’s more than 45m global users to pay directly from the Revolut app.
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Revolut takes on Square and SumUp with payment terminal for larger businesses
“This is one of the major new bets that we have as a company,” Alex Codina, general manager of Revolut’s merchant acquiring business.
