Revolut teams up with Paysafe to launch cash deposit feature for gambling

Cash deposits will now be available to Revolut's UK user base, the company announced.

Customers can now directly deposit cash into their Revolut accounts at over 5,000 locations in the UK thanks to this new feature; in the upcoming months, the number of locations is expected to rise to over 12,000.

Revolut's UK customers surveyed indicated that 71% of them had deposited cash with other financial institutions in the previous year, so the launch was a response to customer demand.

 

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I think Revolut's partnership with Paysafe will likely give customers the ability to deposit cash into their accounts, which can be beneficial for those who are more comfortable with physical money transactions. This feature can also be useful for those who want to participate in online gambling