Revolut and Wolt Join Forces in Digital Payments

The new partnership enables fast and secure payments via Revolut Pay. Customers can earn up to five times the usual number of RevPoints on their orders.

Revolut and Wolt Join Forces in Digital Payments

This article is an AI translation of an original piece published in Greek. Read original

Revolut, the global fintech company with more than 75 million customers worldwide and over 750,000 business customers, announced today a new partnership in the payments sector with Wolt, one of Europe’s leading on-demand delivery services.

According to the announcement, for the first time, millions of Wolt users can use Revolut Pay for a simplified, one-click payment experience that is fully secured through biometric authentication.

The partnership strategically brings together two leading platforms committed to enhancing and simplifying the customer experience. At the same time, it builds on the existing partnership that offers free Wolt+ subscriptions to Revolut customers with Premium, Metal, and Ultra plans.

With nearly 9 million Revolut users worldwide already making purchases through the Wolt app and over 23 million transactions in the past year, this integration embodies Revolut’s strategy to be where users make their everyday purchases, offering a faster and more secure way to pay for food and grocery orders.

Selecting Revolut Pay during checkout, compared to other payment methods, allows customers to complete their orders quickly and securely. At the payment stage, users are automatically redirected to the Revolut app, where they authorize the transaction with a single click, protected by advanced biometric security.

Beyond speed, the partnership introduces significant customer rewards through the RevPoints program, the first pan-European rewards program for debit cards.

From June 18 to July 18, users will earn five times the RevPoints for every purchase on Wolt, which they can redeem immediately for discounts on future orders, as well as for airline miles, accommodations, and activities through the Revolut app. After the first month, users will continue to earn double RevPoints on all their purchases on Wolt.

Revolut Pay’s technology enables merchants, such as Wolt, to increase conversion rates, achieving an average transaction approval rate of 98.5% and a payment abandonment rate of less than 5%, while also supporting transactions in more than 33 currencies.

Alex Codina, General Manager of Revolut’s Payments division, commented: “This new partnership with Wolt is yet another example of how Revolut turns everyday spending into real benefits for users.

Using Revolut Pay on Wolt not only ensures a fast and secure checkout process but also allows customers to fund their next food orders, vacations, or activities they want to experience, all through their established habits.

“Revolut, like Wolt, is committed to offering the best possible customer experience, making this partnership a natural progression as we further strengthen our presence in the food delivery industry.”

 

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