How to accept cryptocurrency on Revolut

How to accept cryptocurrency on Revolut

Revolut Now Accepts Several Cryptocurrencies

Revolut, a popular mobile banking app, is now accepting several cryptocurrencies, including Bitcoin and Ethereum. This means that developers can use it as a way to accept payments in their projects or businesses.

1. Create a Revolut Business Account

Before you can start accepting cryptocurrency payments on Revolut, you need to have a business account with them. To create one, go to the Revolut website and sign up for an individual account if you don’t already have one. Once you have created your account, navigate to the “Business” tab in the app and click on “Create Business”. Follow the instructions to complete the registration process.

1. Add Cryptocurrencies to Your Revolut Account

Once you have created your business account, log into the app and navigate to the “Crypto” tab. From there, click on “Add Funds” and select the cryptocurrency you want to add to your account. You can choose from several popular options, including Bitcoin and Ethereum. Follow the instructions to complete the transaction and add funds to your account.

1. Enable Payments in Your Project or Business

To start accepting payments in your project or business, you need to enable payment processing on Revolut. To do this, go to the “Business” tab in the app and click on “Payments”. From there, select the cryptocurrency you want to accept and follow the instructions to set up payment processing. You will need to provide some basic information about your business, including your website URL and email address.

1. Add Payment Buttons to Your Website

To accept payments on your website, you will need to add payment buttons that link to your Revolut account. There are several options available for this, including popular payment gateways like PayPal and Stripe. You can also use plugins or code snippets provided by Revolut to add payment buttons to your website easily.

1. Promote Your Acceptance of Cryptocurrency

Once you have set up payment processing on Revolut, it’s time to promote your acceptance of cryptocurrency. This can be done through social media, email marketing, and other advertising channels. It’s important to emphasize the benefits of using cryptocurrency, such as lower transaction fees and faster processing times.

1. Monitor Your Cryptocurrency Balance

It’s important to monitor your cryptocurrency balance on Revolut regularly to ensure that you are receiving payments and have enough funds to cover expenses. You can do this by logging into the app and navigating to the “Crypto” tab. From there, you can view your balance and transaction history.

1. Protect Your Cryptocurrency with Two-Factor Authentication

Two-factor authentication (2FA) is an important security measure that can help protect your cryptocurrency from hackers. Revolut offers 2FA for all cryptocurrencies, and we recommend enabling it to add an extra layer of security to your account. To enable 2FA, go to the “Security” tab in the app and click on “Enable Two-Factor Authentication”. Follow the instructions to set up 2FA on your account.

FAQs

1. What cryptocurrencies does Revolut accept?

Revolut accepts several popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.

Revolut Now Accepts Several Cryptocurrencies

1. How do I set up payment processing on Revolut?

To set up payment processing on Revolut, go to the “Business” tab in the app and click on “Payments”. From there, select the cryptocurrency you want to accept and follow the instructions to set up payment processing.