Revolut connects directly to SEPA financial network
Revolut, the global financial super-app with more than 27 million retail customers worldwide, has announced a successful finalisation of a direct connection to Single Euro Payments Area (SEPA) financial network. By joining more than 3000 financial institutions including the world’s biggest banks already participating in SEPA, Revolut marks a significant milestone in growth as a global payments business.
SEPA enables fast, secure, and efficient payments to be made between participating banks for their customers. In total, 36 European countries are part of SEPA, with over 529 million customers using it to make 146 billion electronic payments annually.
