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August 2022: What's new from Revolut Business

August 19, 2022

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://blog.revolut.com/august-2022-whats-new-from-revolut-business/

It might be time for a getaway, but when it comes to our updates, there’s no room for a vacation. And we’ve lined up some great updates this month, from US Rewards to guaranteed SWIFT payments. 100% good news, with no dead weight. Open ‘em up below.

Save money every day with Rewards (US)

US Businesses, it’s time to get rewarded and save every day. Unlock thousands of dollars of freebies and months of free access to workspaces, software and more to give your business a boost. From $5,000 USD in AWS Cloud credits and 50% off WeWork All Access for 6 Months, to discounts at Fiverr, Covve Scan and Paymo – we’ve got you covered. Head to Business Rewards in-app (web and mobile) to get started and see what’s on offer!

Rewards are subject to availability. Terms and conditions apply.

SWIFT payments, guaranteed (UK, EEA)

Send payments by SWIFT? Make sure your recipient gets an exact amount by choosing who pays for the fees. If you absorb them, the full amount’s guaranteed when it hits your recipient’s bank. Simply hit the ‘Send’ button, select a recipient > specify who pays the fees. Next? Sit back and watch your supplier relations flourish.

Payments get personalised (UK, EEA)

Accept payments through a professional page unique to your business. Set it up in seconds by adding your logo and business details. Then share your unique URL or embed the QR code in your socials as many times as you like. No coding. No hassle. Just a convenient way to pay and get paid. To get started, select 'Payment page' in the 'Requests' section of your Merchant dashboard.

Say goodbye to bank details (UK)

Make it even simpler for your customers to settle invoices by adding ‘easy bank transfer’ as a payment option. It’s a nifty and secure way for customers to pay you directly from their bank account without having to enter any bank details. Kinda like bank transfers, but easier.

Double up on currencies (UK, EEA)

It’s part of our mission to make business borderless – so we’ve doubled how many currencies you can use for sending invoices and payment requests! That’s right – use 14 more currencies including AED, CZK, and RON. Sell seamlessly in 28 currencies with no hassle.

Amend multiple cards in a click

The more company cards you have, the harder it is to edit them, right? As it turns out, we’ve made it easier than ever to modify as many company cards as you like, at once. Find them by searching employee name, email, or the card’s last four digits – and filtering by type or activity. Simply edit spend presents, freeze, or terminate your list of cards in one click. Pretty handy, eh? Find this time-saver in ‘Cards’ in-app.

Track your payments on iOS

Trace your bank transfers in real time in Revolut Business on web and mobile (yep, iOS too). Easily check if your payment’s approved, is being sent, and when it’s successfully hit your recipient’s bank – wherever you are. Phew, what a relief!

That’s all for now
And there we have it: a new batch of updates, hot off the press. We’ll see you again in a month’s time for more.

Why leave it there?

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