Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Revolut Launches Payment Terminal for Larger Businesses
Payments | Oct 18, 2024
Revolut's New Payment Terminal Targets Larger Businesses to Compete with Square and SumUp
Revolut has launched a new payment terminal designed for larger businesses, which directly competes with established brands like Square and SumUp. This strategic expansion into the Point of Sale (POS) market takes Revolut beyond digital banking services and into more advanced solutions just in time for the busy holiday shopping season, and represents a new revenue stream for the company who is 'doubling down' on its B2B strategy.
See: Revolut’s Crowdfunding Success from Start-up to $45 Billion
- The payment terminal affordable and on pre-sale for £129 + taxes. It press release promises 99.9% uptime, making it dependable for businesses. It also connects with Revolut’s other financial tools that provide insights like sales data, customer management, and table tracking.
- The terminal works with Revolut Pay, allowing customers to pay directly through their Revolut accounts. This gives merchants lower transaction costs at 0.5% + £0.02 per payment, and access to their money within 24 hours which helps manage cash flow during busy times.
- Revolut generates more than $500 million in yearly revenue and boasts 20,000 new business customers joining each month. The launch of this new payment terminal is aligned with their focus of providing better and more services for larger companies.
Alex Codina, General Manager of Merchant Acquiring at Revolut:
We’re excited to be offering Revolut Terminal as an all-in-one, powerful POS solution for our business customers. This launch comes as we continue to invest into our B2B offering and particularly double down on the hospitality and retail industries as an acquirer. A truly reliable payment solution is the difference between closing the sale and losing money – with Black Friday round the corner, Revolut Terminal is built to withstand high customer demand; and it could be yours in time for the busy season at an exclusive, reduced rate.”
See: Revolut Finally Receives UK Banking License (after 3 years)
Why It Matters
Revolut's move into the POS market shows its goal to become a complete financial service provider for businesses. As digital payment methods continue to grow, Revolut’s focus on offering integrated solutions for larger businesses could change how in store payment transactions are managed.
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