Revolut Business Reviews
Revolut Business
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60 Reviews
- Industry: Information Technology & Services
- Company size: 10,000+ Employees
- Used Weekly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 9.0 /10
Revolut- the bank of the future
Reviewed on 31/10/2023
With Revolut you can send payment links with which your clients can make payments, and if another...
With Revolut you can send payment links with which your clients can make payments, and if another user has Revolut you can receive commission-free transfers. Revolut is one of the few payment platforms that offers cashback for your purchases, this is a point to take into account when comparing it with other platforms, it has many integrations with other billing platforms such as Xero, slack among others, its API can be integrated both in web version and in mobile version.
Pros
Revolut is a payment processor with many tools that has gone unnoticed, it is a Neobank with a lot of potential, I have used the personal and business versions and I can say that it far surpasses large payment processors. One of the functions that I can highlight is that it issues both physical and virtual cards, so you can have better control of expenses and avoid hidden payments, I like that it is digitized and you can receive contactless payments on your iPhone, no need for a POS.
Cons
What I don't like is that sometimes the synchronization with some banks is not working, I have had problems connecting with a bank, Revolut uses Plaid, and for some reason it doesn’t recognize the login of the bank that I wanted to add.
- Industry: Marketing & Advertising
- Company size: 10,000+ Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Outstanding payment gateway for any secure international transaction
Reviewed on 12/05/2024
Pros
1. Very user friendly and easy to operate
2. Mobile app is glitch free
3. Quick and secure transactions across borders
Cons
1. API integration is a bit tough
2. Doesn’t support other tool access in single login
- Industry: Telecommunications
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Be aware, they may harm your business!
Reviewed on 09/11/2024
Revolut just blocked the corporate account after 5 years of business! No answers no comments...
Revolut just blocked the corporate account after 5 years of business! No answers no comments nothing! Only: "Take your money till the 8th of January". It is better not to work with them at all.
Now the local representative business is blocked while we are opening an account in another bank.
Pros
The interface was not as bad as their attitude to customers.
Cons
Revolut just blocked the corporate account after 5 years of cooperation!
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
A good business bank account
Reviewed on 05/11/2024
Pros
Very easy to use and open accounts. Access to current/savings account, as well as card. Easy to transfer currency too.
Cons
To get access to some features you have to enrol in a premium plan
- Industry: Health, Wellness & Fitness
- Company size: Self Employed
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
My experience using Revolut
Reviewed on 22/02/2024
It is continued therefore appreciated in terms of its practice
It is continued therefore appreciated in terms of its practice
Pros
Its ease of use ultimately; i like the dashboard; also the paid features.. it is easy to understand what i can choose to acquire though them
Cons
The lack of a walk in store in order i may see and speak to another human
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Untrustworthy and Unhelpful
Reviewed on 02/05/2024
It's been terrible, and has nearly made me go out of business. I will be making sure all my peers...
It's been terrible, and has nearly made me go out of business. I will be making sure all my peers avoid
Pros
At first, it was helpful in that I was able to send and received money without friction.
Cons
Over the last 2 months, more and more payments have gone missing.
Despite using identical details, more than 30% of inbound payments have not been received.
Their support function has a sole purpose of blaming the other counterparty.
- Industry: Construction
- Company size: 2–10 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Revolut - Review
Reviewed on 02/07/2024
Pros
Can manage expenditure on the go with the mobile app and integrate this onto Xero tracking project spend
Cons
Sometimes the transaction feed doesn't automatically link onto xero
- Industry: Hospital & Health Care
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 10.0 /10
An effective payment and cost management system for my traveling medical team
Reviewed on 19/12/2023
Pros
It offers the convenience of most cash apps with the added benefit of easier cost-management from an administration point of view, giving us more control of overseas spending
Cons
Some of the features are difficult to access from a UI/UX perspective, particularly adding new contacts
Alternatives Considered
Venmo- Industry: Oil & Energy
- Company size: 5,001–10,000 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Very good online banking solution
Reviewed on 27/09/2024
Pros
It's very easy to set up and do online banking
Cons
I couldn't receive payments from countries like Canada
- Industry: Human Resources
- Company size: 2–10 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Extremely poor customer service and the account itself is not operational
Reviewed on 04/10/2023
There was no transparency about the fact that you can't pay taxes with this business account and...
There was no transparency about the fact that you can't pay taxes with this business account and when I tried to get more information through the 'support' I was served with template answers and in the end got the recommendation to go to another bank if I need to pay my taxes.
Pros
I was easy to open an account and get the debit card.
Cons
You can't pay taxes. So if you have a business and therefore need to pay taxes, Revolut Business will not serve you.
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Excellent, based on integration
Reviewed on 17/10/2023
Very positive. I have other bank and card services too and Revolut for Business compares very...
Very positive. I have other bank and card services too and Revolut for Business compares very favourably with those.
Pros
I work with overseas clients a lot so the currency options and rates are very attractive. Also I use the Xero accounting platform so the integrations for invoicing etc. are very important to me. Using the two packages together give me a solid and complete finance platform for my business.
Cons
Rewards are weighted towards certain use cases, that I tend not to encounter. Would be great if I could more easily reconcile expenses directly from my other Revolut account to this one.
- Industry: Information Technology & Services
- Company size: 51–200 Employees
- Used Monthly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 6.0 /10
I think we stopped using it for a reason
Reviewed on 20/10/2023
Revolut business has an okay start in this space but is nowhere as powerful as something like moss...
Revolut business has an okay start in this space but is nowhere as powerful as something like moss or ramp. My employer switched away from Revolut for plenty of reasons, but mostly because it doesn't provide the seamless all-in-one solution it seems to promise.
Pros
As a user and not an admin: 1. I didn't have to expense my business trips manually (though still needed to send receipts separately)2. It was great that I could add a virtual card very easily and have access to the funds without having to wait for my physical card to arrive (which is not the case with Moss, which I hate)3. I am a personal revolut user as well and I like the multicurrency feature. We travel in different countries for work so it's important we have that.
Cons
My employer stopped using revolut for business and switched to moss in spring 2023, so the following comments could be outdated1. It seemed like it wasn't possible for our admins to assign individual budgets, so all of us shared the same pool of money and I could see how much it was in the account. That was weird2. I couldn't attach receipts with the transactions. Had to manually send it to finance. 3. It's only ever used for business trips. We can't use revolut for other business expenses such as subscriptions and other purchases. Increased a lot of overhead.
- Industry: Hospitality
- Company size: Self Employed
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Modern online banking
Reviewed on 16/11/2023
Pros
Easy, convenient and cost-efficient online banking tool for small companies with great extra features to manage online spending as well.
Cons
The POS terminal or other card payment features are still not available in my country.
- Industry: Construction
- Company size: 51–200 Employees
- Used Monthly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
My opinion for Revolut business
Reviewed on 01/04/2024
IMy opinion Revolut business is for people with a lot of money I recommend
IMy opinion Revolut business is for people with a lot of money I recommend
Pros
the way to receive money and to send and connect the financial system and many possibilities with Revolut business
Cons
Some commissions and transaction too expensive
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Weekly for Free Trial
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Horrible service and process - Misleading
Reviewed on 13/12/2023
Pros
Nothing. Looks fancy on the outside and marketing
Cons
Was a bad experience overall and total time waster. They did not upfront tell you what kind of business they want to accept for using their services, and is very misleading. They had asked so much personal information from me and my company to be uploaded again and again and finally declined my application, wasting my whole week whilst applying to use their international transfer services, should have just gone elsewhere. Painful, breached of my privacy and misleading. Good riddance.
- Industry: Telecommunications
- Company size: 1,001–5,000 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Revolut Review
Reviewed on 06/09/2023
Pros
It is an easy tool. Nice for transfers. Fees are very low which is the thing I like most.
Cons
I am not feeling safe loading a lot of money on it. Maybe the Baltic origin of this , or maybe I am scared but I would not trust an online bank all my savings. I am not sure if they can do anything to fix this.
- Industry: Biotechnology
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 5.0 /10
Works fine, just hard to trust it as a bank when it doesn’t have full fca protection
Reviewed on 18/07/2023
Pros
Smooth and easy to use interface and expenses systwm
Cons
It’s like of overall financial security and the spate of recent hackings
- Industry: Construction
- Company size: Self Employed
- Used Monthly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 1.0 /10
Difficult to get real support with issues
Reviewed on 12/01/2024
I had payments rejected to my account because of setup issues. After setup completion they gave a...
I had payments rejected to my account because of setup issues. After setup completion they gave a notification of "missing documentation" after following the notification there is a blank screen, contacted support who sent me to the same place. My account was then limited and customer payments rejected and then I was provided information that I need to provide documents which I submitted and they accepted on setup.
Pros
Free, easy to use, and good expense management and tracking tools.
Cons
Had some issues with setup and verification, customer support are not helpful and just send the same generic mail stating to "follow these steps" after you tell them the steps/links/references don't work.
- Industry: Computer Software
- Company size: 51–200 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Great option for travellers and people who like security
Reviewed on 20/04/2023
I see it as a very useful tool which makes me more relaxed when making payments abroad.
I see it as a very useful tool which makes me more relaxed when making payments abroad.
Pros
The application is very easy to use and its functions are perfect for people who like high security, especially when you travel abroad. You can simply lock your card and unlock it only when you need to use it, no need to share information about your real cards, very easy and free currency conversion.
Cons
Sometimes it takes up to few days until you receive the money from Revolut Business card to your bank account. Their customer support is not the most helpful. The card works among EU, not outside.
- Industry: Information Technology & Services
- Company size: Self Employed
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 1.0 /10
Horrible and useless service
Reviewed on 24/03/2023
Terrible experience, service doesnt speak or understand English - looks like they use Google...
Terrible experience, service doesnt speak or understand English - looks like they use Google translate. Also using templates to answer, as they dont care about!
Pros
Quick and not to expensive, but terrible and absolutely useless service.
Cons
Quickly operations and not too high fee.
- Industry: Civil Engineering
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Organizing financial obligations with a powerful app!
Reviewed on 13/01/2023
Pros
1)Offers a range of features to help businesses manage their finances, including multi-currency accounts, expense management, and virtual cards.2)It has a user-friendly interface and mobile app, making it easy for businesses to access and manage their accounts on-the-go.
Cons
Sometimes, it is being observed poor customer service , which can be a concern for businesses.
- Industry: Hospital & Health Care
- Company size: Self Employed
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Revolut review
Reviewed on 20/01/2023
Pros
By far the best app for banking and money transfer
Cons
Some times don't do some transfer and payment and need certain reason
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Never open a payment gateway o merchant account with Revolut, they will shut you down for no...
Reviewed on 25/07/2022
We have opened a business account as a company. We got verified for merchant account and payment...
We have opened a business account as a company. We got verified for merchant account and payment gateway for our eshop. WE did custom IT integration and payed for it out of our own pocket. After 3 transactions we got suspended, it was in the middle of our busiest season. We wrote to Revolut support to re-enable our account. However after 4 days of submitting various documents we got permanently declined (out transaction account got closed for good). Without stating reason or a comment why, or what was the problem, or any way forward on how to appeal whom to contact. The only response we have received was that: Our merchant account clojure is permanent irreversible, and they cant tell us why or provide any reason for shutting us down. Simply the worst support experience you can have, They have cost us a lot of money. Terrible service, no usefull answers ir information, nothing you can do, you are unable to contact them. Never trust Revolut they dont care about your business or you at all, they are not a partner.
Pros
Easy to use
Convenient app
Basic services are for free
Cons
They dont care about you, if you need anything all the support tells you is that they are sorry, or they cant help
Never rely on them to do something, or you will miss your finantial reporting, statements and money, but they dont care about that
0 level of pro client approach (the worst bank of the 5 banks i use regulairly)
Lost a lot of money with integrating Revolut payment gateway, just to got declined out of blue for no reason and no way to appeal
- Industry: Arts & Crafts
- Company size: Self Employed
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
My favourite finance tool
Reviewed on 19/12/2018
I love, love, love Revolt. I recommend it to all my friends and I'm looking forward to getting a...
I love, love, love Revolt. I recommend it to all my friends and I'm looking forward to getting a second card as well, once there is a MasterCard available as well. It's a revolutionary product and the price:quality ratio is unbeatable. I hope that soon it can completely replace other tools, such as Paypal.
For the few months I have been using it, it has probably saved me hundreds of dollars just by the fees I would have to pay otherwise using regular banks - for international transfers, spending abroad, etc.
It's also a wonderful tool to help you save money, as you can create vaults in which to set aside some money regularly and helps you keep track on your progress.
Pros
The interbank exchange rates Revolut use are phenomenal. There is no way to get that exchange elsewhere and especially with the convenience of doing everything on your phone. The app is great, very easy to use and you get real time notifications for any transactions made in your account. The customer support is also very responsive, you can chat with them real time on your phone and they are very very helpful.
Cons
I don't know if there is such a thing. Perhaps I wish that the limits for withdrawing were somewhat higher and they had other options for Debit cards other than Visa for non-premium users.
- Industry: Computer Software
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Horrendous experience
Reviewed on 30/06/2022
Pros
It's easy to use, when it's working. Currency exchange is neat feature.
Cons
At this time all my experience is not positive due to support inquiry that's dragged out over a month. Their service is making me not compliant for tax reporting as I can't download statements from their app.