Global fintech Revolut is expanding its services once more into the mobile world as it looks to launch mobile plans.
In 2024, Revolut became one of the first UK financial institutions for its customers to stay connected when travelling abroad. With millions of data plans created and with the service used in more than 100 locations worldwide, Revolut is now building on this success and announced its plan to provide its users with unlimited calls, texts and data at home, and a 20GB roaming allowance across Europe and the US – all while using a local phone number.
One of the most common problems faced by travellers is high roaming charges. Providing a competitive, cheaper alternative, Revolut users can join the waitlist to be the first to access and be eligible for an introductory monthly rate of £12.50 a month. The launch will initially take place in the UK and Germany with more markets to follow.
Mobile Plans form part of Revolut’s extensive lifestyle and travel offering, which helps make money matters easier and more cost-effective for modern users at home and abroad.
After launch, Revolut users will be able to choose a Revolut-provided mobile number and activate their plan within minutes or seamlessly port their existing number. Mobile Plans will be deeply integrated into the Revolut app and offer an unprecedented user experience versus traditional network providers, with intuitive usage tracking and in-app controls.
Revolut users will also be able to pay for their plan with their RevPoints, Revolut’s loyalty scheme which rewards customers with points on purchases, subject to their plan.
Stepping into the consumer telecommunications arena
Hadi Nasrallah, general manager, Telco and retail director at Revolut said: “The massive success of our eSIM product launched has proven mobile offerings are ripe for disruption. In our view, consumers are suffering with traditional network offerings due to a lack of transparency with hidden fees, painful customer experience and old, difficult-to-navigate UX. We’re looking to solve all three, providing Revolut customers with a tech-led experience, the best value and no fixed contract commitments.
“It’s yet another step for Revolut into the consumer telecommunications arena where innovation is desperately overdue and we look forward to bringing this update to consumers in more markets soon.”
