Are Revolut’s online payment methods worth relying on when its primary product is the business account? It depends on what you need.
It certainly is convenient to keep online payments connected to Revolut if this is your main business account, especially when you’re making use of the different currency accounts to avoid conversion fees.
Freelancers and small businesses that only need simple payment links, QR codes for touch-free transactions and an online checkout are likely to find Revolut cheap and convenient for those needs.
The monthly allowance of free transactions on paid plans is a great add-on to the business account, but the allowances are not high. It’s probably not worth subscribing to a paid plan if you’re not actually making use of Revolut’s other account features that the subscription cost is primarily for.
As for ecommerce, those who don’t use WooCommerce, Magento or PrestaShop for their online store will not be able to integrate the Revolut checkout on their online store platform of choice unless they have a developer to do it for them.
Compared to Stripe and most other payment gateways, Revolut has a speedy payout time (next-day), low currency conversion fee and low transaction fees.
But while Revolut only accepts Visa and Mastercard, Stripe accepts more payment methods, more currencies and has better anti-fraud measures. PayPal – which also has an e-account for business, and a full-fledged debit card unlike Revolut – similarly accepts more currencies and offers many more payment tools, but for a higher cost.