More News
CARDS & PAYMENTS | Staff Reporter, Singapore

Revolut Singapore enables virtual wallet top-up via bank transfer

They can even set a part of their salaries to be automatically transferred to their Revolut wallet.

Revolut’s Singapore customers can now top-up their Revolut wallets via bank transfers, with no extra fees charged.

By partnering with DBS, Revolut is able to assign a unique 15-digit virtual account number to each customer in Singapore. A customer simply transfers money to their virtual account from their local bank of choice, and the amount is instantly reflected in their Revolut app.

Topping up will be via FAST, and the cash amount will be instantly reflected in the Revolut wallet, the announcement added.

The new service even allows users to set a portion of their monthly salaries to be automatically transferred to their Revolut wallet.

“The goal here is to enable customers to manage their money in a way they find most convenient for their lifestyles. With virtual accounts, Revolut Singapore is able to collect payments from a large number of customers and still easily keep track of their transfers,” said James Shanahan, CEO of Revolut Singapore.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.