Trust Wallet has declared a significant upgrade to European users by adding Revolut as a direct payment provider, which allows them to use Revolut Pay to buy cryptos instantly and at no charge. The joint venture will combine two resilient financial systems, providing a cross-fault, quick, and safe gateway between fiat and crypto to millions of people all over the EEA.
The integration is a strategic move of Trust Wallet, a self-custody wallet trusted by consumers all over the world and serving over 200 million users. Revolut, an award-winning European fintech based on more than 65 million customers, is now integrated into Trust Wallet as a direct payment method, eliminating friction, delays, and other unwarranted charges to slow down the process of purchasing a cryptocurrency.
A Faster, Simpler Way to Buy Crypto With Trust Wallet
Since Revolut has integrated into the Trust Wallet interface, European customers are able to buy the best digital coins within a few seconds, such as BTC, ETH, and SOL. To fund a wallet, you no longer need to leave your apps and go through several steps or even wait until the bank grants the transfers. Rather, customers are able to fulfill the whole purchase experience in the wallet and confirm payment immediately in Revolut.
The users just need to update their app, choose Fund, Buy Crypto, select the currency of interest and token, and select Revolut Pay as the payment option. The alternative can be in the form of RPay or Revolut according to the location. Once authenticated, final verification is performed by Revolut app and the transaction is completed in a matter of seconds.
Supported Regions and Localized Currencies
The functionality is present in the European Economic Area (EEA). Trust Wallet will automatically show the payment options available in every region of a user so that they can work with local fiat with ease through Revolut. This consumer friendly integration will ensure that the integration becomes intuitive to consumers in various markets in Europe.
Why This Integration Matters
Over the years, European crypto users have had to deal with barriers including high third-party charges, multi-applications, and lengthy processing time. The Revolut-Trust Wallet joint venture directly solves these problems as it provides:
Faster Purchases
Instant settlement saves a lot of time between the processing of the payment and getting the purchased crypto.
Lower Costs
With Revolut Pay, the user is charged 0% and this makes it more accessible to both novice and repeat customers. There are still network charges but platform charges are eliminated.
High Trust
The partnership brings together the international name of Trust Wallet as the secure and self-custodied crypto storage provider with the reliability of Revolut as a regulated financial application with millions of users.
Full Ownership
Due to the non-custodial nature of Trust Wallet, customers have the ability to control their own private keys. Revolut does not hold any crypto assets, it is a payment provider.
Even though the initial rollout will be supported by the main tokens such as Bitcoin, Ethereum, and Solana, Trust Wallet has asserted that it will support additional assets. The future extends to popular stablecoins like USDC and other the cryptocurrencies in Revolut ecosystem.
Transaction Rules and Limits
Revolut introduces simple-safe purchase limits to ensure easy and harmless onboarding:
- Purchase minimum: equivalent of 10 euros.
- Maximum per transaction: € 23,000 equivalent.
- Daily cap per client: equivalent of €23,000.
These limits assist in making sure that there is responsible usage as well as that there is room to accommodate retail beginners and the high volume individuals.
