Revolut has rapidly grown from a fintech disruptor to a preferred financial tool for millions across the UK and beyond. Thanks to its seamless, secure, and user-friendly experience, the platform has found its way into various industries, including online gambling.
Within the iGaming sector, Revolut’s popularity has been on a steady rise, with many players choosing it as their preferred payment method. To get better insights into its position in this sector, we reached out to Bojoko. They are one of the leading casino affiliate platforms in the UK and have been tracking this trend closely. With nearly 50 Revolut-compatible casinos reviewed, Bojoko’s CEO, Joonas Karhu, provides valuable insights into how this payment method is reshaping the industry and its benefits to players and operators.
PaySpace Magazine: Revolut is quickly becoming a dominant player in the payments space, particularly within the iGaming sector. Why do you think this is?
Joonas Karhu: The growth of Revolut as a payment option has been significant, and we’ve seen firsthand how players gravitate toward it for their online casino needs. At Bojoko, we’re currently nearing 50 reviewed Revolut-compatible casinos, and we expect this number to rise sharply in the coming months.
What makes Revolut attractive to players is its simplicity and efficiency, along with its widespread popularity and accessibility. Revolut follows the same rules as traditional Visa cards and does not deal with excessive fees or long waiting times. However, unlike Visa, Revolut is not directly connected to your bank account, and it is easy to manage the amounts available on your card.
PaySpace Magazine: What role does security play when choosing payment methods in the iGaming sector, and how does Revolut stand out?
Karhu: Security is a top priority for both players and operators. In the iGaming sector, trust is built on secure, reliable financial transactions. From instant fraud alerts to the ability to freeze or control spending within the app, players feel very safe using Revolut.
From an operator’s perspective, ensuring that payment methods are secure and user-friendly helps retain customers. If players trust that their financial data is secure, they’re more likely to stay on a platform and play regularly.
PaySpace Magazine: Beyond security, what other benefits does Revolut offer players and gaming operators?
Karhu: One of the standout features of Revolut is its ease of use. Many players are now used to managing their finances digitally, and Revolut is an extension of that. Everything happens within the app—players can deposit funds instantly and without any hassle. This is crucial in online gambling, where convenience and speed are often deciding factors.
PaySpace Magazine: You mentioned nearly 50 Revolut-compatible casinos reviewed on Bojoko. How does Revolut’s inclusion as a payment option impact a casino’s popularity?
Karhu: Offering Revolut as a payment option can significantly boost a casino’s appeal. Players today have a long list of choices, and payment methods often influence their decisions. Casinos offering Revolut as a deposit and withdrawal option see increased interest from a younger, tech-savvy audience.
At Bojoko, we’ve noticed a clear trend: casinos that incorporate flexible payment options like Revolut tend to perform better in terms of player engagement and satisfaction. It’s all about convenience—players don’t want to deal with long wait times or complex processes when depositing or withdrawing funds. Revolut simplifies that.
PaySpace Magazine: How do you see the future of payment methods in the iGaming sector evolving, and what role will Revolut play?
Karhu: Payment methods will continue to evolve, especially as we move further into a digital-first financial landscape. We’re already seeing a decline in traditional credit and debit card use in favour of digital wallets and instant payment solutions like Revolut. Players are looking for speed, security, and flexibility, and Revolut offers all of these in abundance.
I believe Revolut will continue to grow as a key player in this space. The company is constantly innovating, and its expansion into new markets will likely see more operators adopting it as a payment method. Similar payment methods, especially e-wallets, will also continue to rise.
However, the biggest curveball to any trend may come from the legislators. If the UK ever allows crypto-transactions for UKGC-licensed casinos, I expect a huge change in payment preferences.
PaySpace Magazine: What advice would you give to iGaming operators considering adding Revolut to their payment options?
Karhu: I would highly recommend it. Operators need to prioritise flexibility when it comes to payment options, as this can be a key differentiator. Offering Revolut will attract many players you are not appealing to right now. The low transaction fees and ease of integration also make it a smart choice for any operator looking to enhance their payment portfolio.
