Freelancers are an essential pillar of the online economy today. Revolut acknowledges that aspect and will provide a new account type for these users. Benefits include income, payment, and expense management.
Revolut Caters To Freelancers
It is a welcome sight to see a financial service provider acknowledge different users have varying needs. A freelancer, self-employed individual, or contractor has other financial requirements from the average family or retired individual. Tapping into that segment may give Revolut another competitive edge. Users can expect a reliable income, payment, and expense management account within the mobile application.
Interested and eligible parties can set up this new account within a few minutes. The Revolut app will guide suers through the process and ensure they can tap into these services immediately. Moreover, the account has a 1% cashback debit card, which is always useful. That debit card is available in either virtual or physical format, wth support for Google Pay and Apple Pay.
Revolut Pro Product Owner Maria Marti Garcia states:
“The explosive increase in gig workers, artists, bloggers, and the like alongside more traditional individual professions including private teachers, home service providers, and fair vendors has driven demand for better ways for those working on their own projects, be it full-time or part-time, to manage income and expenses.”
The new account by Revolut lets users send transfers and instant payments to external banks and other Revolut users. Depending on preference, it is also possible to accept in-person payments through the Reader or via QR codes. Payment links and generating invoices are also supported. Overall, it is a complete package providing the necessary tools and services freelancers may need.