Revolut has announced the launch of Revolut Terminal in the UK and Ireland, with pre-orders beginning in the UK and in the next month for Ireland. A new point of sale device optimised for speed, Revolut Terminal will allow businesses to accept payments in seconds and meet the growing demand for quick, reliable point-of-sale (POS) devices.
With its Terminal device, Revolut Business aims to deliver 99.9%+ platform uptime for uninterrupted sales even during the busiest periods. Integrated WiFi and SIM connections and a battery that lasts all day ensure the device is always ready to take payments on the spot when it matters most.
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The all-in-one solution offers Revolut Pay, a unique payment method where Revolut customers can pay directly from their Revolut app, earning RevPoints. loyalty points accumulated from spending on Revolut, in the process at no cost to the merchant
Revolut Terminal integrates with Revolut Business technology, aiding cash flow with funds accessible within 24 hours
It can be paired with our Point of Sale software to give merchants access to advanced analytics, table mapping, multi-location management and customer catalogues, streamlining the process of dealing with multiple service providers and making expense management easy.
Alex Codina, General Manager of Merchant Acquiring at Revolut, said: “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.”
James Gibson, General Manager of Revolut Business, commented: “We’re continuing to see lots of momentum in Revolut Business, having this summer surpassed $500m in annualised revenue and onboarding over 20,000 new customers per month. Revolut Terminal marks the latest investment in our business customers, with merchants of all sizes now able to easily accept payments directly into their Revolut Business accounts, without juggling multiple providers.”
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