Digital finance firm Revolut said today it will launch its payment platform in India, its first foray into one of the world’s largest digital payments markets, as part of a planned global expansion.<\/p>\n
Revolut will let Indian users make domestic and international payments via its tie-ups with the Unified Payments Interface and Visa, starting with 350,000 waitlisted customers later this year before opening to others.<\/p>\n
The company aims to sign up 20 million customers by 2030, it said in a statement.<\/p>\n
The fintech firm invested over \u00a340m in localising its technology to meet India’s data sovereignty rules, its only market where it has done so, a spokesperson said.<\/p>\n
Revolut, which said last month it was exploring a US bank purchase and credit card launch at home, is betting on India as a key plank of its global expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"Digital finance firm Revolut said today it will launch its payment platform in India, its first foray into…\n","protected":false},"author":2,"featured_media":66548,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[61,60,202,80],"class_list":["post-66547","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-ie","tag-ireland","tag-mobile","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/66547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=66547"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/66547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/66548"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=66547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=66547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=66547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}