Revolut, which is a British fintech and banking firm, has decided to launch a new feature called “spend from crypto”. This feature helps convert the crypto balance of customers into fiat money.
That, in essence, will make it faster for Revolut cardholders to sell their crypto assets and channel the money to their credentials in real-time to pay for everyday purchases.
Customers can pay online for e-commerce and in-person purchases. The conversion transaction will be subjected to the current exchange rate and exchange fees are applicable to the user’s subscription plan.
Pay with crypto offers a feature of payback to its customers.
Revolut will give its customers a 1% cashback digital assets for purchases made with one of the nearly 100 supported tokens, which include Bitcoin, Dogecoin, and Ethereum.
The cashback will be given to the customers in the same currency that the transaction is in, so for…
