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Revolut moves into travel sector and launches a booking service

22 iulie 2021

Revolut is expanding into the travel industry, enabling users to book hotels and other holiday accommodation through its app. The new booking product will allow users to make reservations for flights, car rentals, and other travel needs.

British-based digital banking app Revolut is launching a new service allowing users to book travel accommodation and receive up to 10% in cashback in its first non-financial or insurance product launch, according to Reuters.

Revolut will allocate 70 million pounds ($95.24 million) to cashback for customers using the new service, Stays, it said on Wednesday.

„Booking your Stay is just the start. From hassle-free bill splitting to pay-per-day travel insurance, we’ve got it all. Upgrade for even more travel perks. Premium and Metal customers get travel insurance and airport lounge access included in their plans,” Revolut says.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?