Finance & Economics

Revolut Launches In-App Cashback Feature

Revolut, a global financial superapplication launches a new way of shopping, in which customers receive cashback from their favorite retailers.

Revolut Launches In-App Cashback Feature

Source: Pixabay.com

The new ‘Stores’ service allows users to search and view products in the Revolut app. The full list of product manufacturers is available in the application and can be changed.

Regardless of the customer’s tariff plan, Revolut Shops rewards all users with an instant cashback of up to 3% for each purchase. This remuneration is provided only in case of the purchase of goods by companies included in the list published in the appendix. There is also a mandatory condition in the form of payment for purchases with a Revolut card.

Cashback is automatically applied when placing an order. Thanks to this solution, customers will save money.

Some providers have a waiting period for a refund that can be up to 90 days. Revolut Shops instantly sends cashback.

All products from brands and retailers grant a refund of part of the money spent on the purchase. There are no restrictions on receiving cashback if the goods were purchased on sale. Revolut Shops offers cashback in addition to any other savings, including promo codes and discounts on sales, helping customers make the most of their money.

Christopher Guttridge, general manager of lifestyle products at Revolut, said that the company is trying to introduce innovative product solutions as the cost of living increases. The main purpose of this activity is to meet the daily financial needs of customers. Christopher Guttridge noted that stores help customers get the most out of every penny with cashback.

To start receiving cashback, customers must go to the “Hub” and click on “Stores” in the Revolut application. New clients must first download the app to their smartphones on Google Play or Apple Store.

As we have reported earlier, Revolut Launches Ethereum and Cardano Staking.