Rugby fanatic - but so much more
Rugby fanatic - but so much more
Revolut is an electronic payment method that has carved out a decent global market share in recent years. In this article, our experts will tell you what to do now that you need to find a Revolut alternative.
While Revolut gambling is no longer a valid option, there are many other deposit methods and withdrawal options that you can use. You will also discover that finding a good online gambling site is about much more than checking available payment methods. You also need a site that has strong customer service, tempting promotional offers and decent mobile provision!
Revolut is an electronic payment method aimed at ‘tech savvy’ customers. Over 100 million transactions every month are carried out using Revolut. It was launched in the UK in 2015, but has not been free of controversy. Now the brand has over 12 million customers from all over the world, as well as around 500,000 business customers.
There are over 30 currencies that can be used in tandem with the Revolut app, and it can be used in over 35 countries as well as the UK. We at Betting.co.uk cannot recommend using Revolut for online gambling at new gambling sites. Thus, we’ve tailored a guide to finding a great alternative so that you can fund your betting account with ease.
Up until April 2020, when legislation changed in the UK, it was also a popular payment method used by online gamblers in Britain on sites like Vulkan Vegas. However, due to these changes, it is no longer possible to find betting sites with credit card payment options or to use a Revolut casino online. This means that we, at Betting.co.uk, would advise all of our readers to find an alternative to Revolut as soon as possible. If you need help finding a suitable Revolut alternative, thenkeep reading. Our payment methods section is packed with the kind of detail you need to make a properly informed decision about which solution to choose.
When it comes to finding an alternative to Revolut you have plenty of options. Debit cards offer a flexible and widely accepted Revolut alternative, whether issued by Visa or another brand. There are also ewallets like Skrill, Neteller or PayPal that can be used by UK punters. If you want to see the pros and cons of each method evaluated by gambling experts, then it is a good idea to check out the payment methods section here at Betting.co.uk. We’ll even provide you with an overview of the Best Gambling Affiliate Programs so that you increase your exposure in the online betting industry.
The reason that UK online punters need to find an alternative to Revolut is due to changes in British legislation. After which, it was no longer legal for UK punters to use credit cards to fund online gambling accounts. As Revolut is a payment method that is often funded by using a credit card, many online gambling operators no longer accept it as a payment method. Betting.co.uk can help you find an alternative to Revolut, though. Our guide to the top Skrill betting sites might provide you with a fantastic option so that you can fund your account with ease.
If looking for an Revolut alternative UK punters can find further guidance on Betting.co.uk. Our payment methods articles cover a range of different options – such as the best Neteller betting sites, – so there is plenty of information available for you to use to help you in your search. As we have detailed above, finding an alternative to Revolut is not hard when you have the right experts helping you. Betting.co.uk has plenty of those experts on our team.
Most online gambling websites will allow you to withdraw any winnings that you may have been lucky enough to claim using the same method as you used to deposit funds in your account. If you use a debit card or Paypal betting sites, the process is usually very simple indeed, but ewallet customers are also often well catered for. You should always check at the site at which you have an account, and direct your inquiry to customer service if you have any kind of outstanding issue with the time taken to process payments or whether any charges are applied when you use certain methods.
Although Revolut is not used as an accepted payment method anymore on the top betting sites, you might still be interested in the respective fees. Recent changes to the Revolut fee structure means a refresher is in order. In terms of opening an account, you will not incur any fees. If you receive or send money within the UK, there are no additional fees.
However, if you use a card that has not been issued in the EEA (such as a US-based card), then a small fee applies. INternational payments will also incur a fee and is updated in real time. You’ll be notified of the amount prior to confirming the transaction in question.
Lastly, you will also find fees relating to exchanges. If you use a currency exchange via the Revolut app, then the exchange rate will be determined by in-house market data. Exchanges that exceed £1,000 on a monthly basis will start to pay a fee of 0.5% on the amount exceeding £1,000. Standard users will also incur a fee of 2,5% for cryptocurrency exchanges.
There are a number of pros and cons that come to mind when considering Revolut as an online payment option. We’ll run through several benefits before bringing your attention to important disadvantages of using Revolut as an online payment method.
Multiple currency options: You’ll find that Revolut provides customers with the option of using a variety of major currencies such as the British pound, euro, US dollar, and more. You’ll also find that the platform is available in two dozen different languages, making for an all-inclusive and accessible platform.
Instant withdrawals: Revolut has always pushed the boundaries in terms of providing efficient withdrawal services. As such, you’ll find that you can withdraw funds instantly via your Revolut account.
Top-notch security: Revolut has incorporated a number of security measures such as fingerprint authorisation. This provides you with the utmost oversight over your account and stops any third-party entity from accessing your online account.
Seamless mobile interface: You can make use of the mobile app 24/7. You’ll find that the entire user interface is seamless and quickly accessible. It provides you with a streamlined portal whereby you can access funds and enact transactions within seconds.
Customer support is inefficient: The online support of the Revolut app is not known to be extremely efficient. You’ll find that responses may be delayed and the ability to resolve issues are less than satisfactory at times.
Restrictions from UK betting sites: You will find that online betting sites in the UK do not allow you to deposit funds using Revolut anymore. This means that you won’t be able to use Revolut to fund any of your online gambling accounts.
No brick-and-mortar branches: If you prefer being able to visit an actual branch in order to resolve issues with your payment provider, Revolut isn’t for you. All operations are online.
We’ve also included a step-by-step guide as to who you can make a deposit when using Revolut. Keep in mind that you may find it difficult to find an online betting site that allows you to use Revolut in this day and age.
We’ve outlined that you will find it difficult to make direct payments from your Revolut account into your betting account. As such, we’d like to outline that you can make use of your Revolut account in order to fund an e-wallet such as Skrill. Once you deposit funds into your e-wallet, you’ll be able to fund your personal betting account in the UK.
So, once you have found an alternative to Revolut, what should you be looking for when it comes to finding the right online gambling site for you? Our experts at Betting.co.uk have put together a list of seven things that you should always check before committing to opening an account at an online gambling site.
So you like sports betting, but occasionally you like to try out other online gambling sites in the UK too? Perhaps you're looking for the best UK poker site or seeking out a live casino blackjack game? No online punter can ever be easily fitted into a pigeon hole after all. This is why it is a good idea to look at all the gambling options that a site offers before you make a definite decision on which one to choose. A good site will be strong across all of the various activities, and provide you with plenty of varied options for your gambling entertainment.
Live casino gaming is a relatively recent innovation that can be found at many online casinos these days. It combines the convenience of playing at home with all the excitement of playing in a real life casino. If your favoured online casino offers a live casino, make sure that the software is provided by one of the world’s top developers, such as Evolution Gaming.
If you like to indulge in a spot of live betting, then you should also check to see if any live streams of sporting events are available for you to watch at a sportsbook that you are considering using. Being able to view a live stream makes in-play betting a much more enjoyable activity, and also provides plenty of entertainment on its own terms, if you’re the kind of person who enjoys watching sport. Any betting site that offers live streaming is definitely worth considering, in our view! Take a look at our best horse racing betting apps and best betting app for cricket guides to see which providers offer these sports on the go!
As you can see, finding a Revolut alternative is not hard. There are plenty of other payment methods that are now accepted at online casinos, sportsbooks and poker sites. It could be worth considering using Mastercard for gambling and funding your bets, for instance. In addition to finding an alternative to Revolut, though, there are some things that you need to check before you open an account at an online gambling site.
If you make sure that your favoured type of gambling is well covered, there are some tempting welcome bonuses and other offers, and the customer service provision is top notch, then you can generally rest assured that you are in the right place. Always remember that we at Betting.co.uk have a great range of resources you can use to refine your search too.
If you’re looking to compare the attributes of the various payment methods that you can use at an online gambling site, then we recommend that you take a look at Betting.co.uk. In our bookmaker reviews and payment methods articles, we look at the ways that you can fund your online gambling account in detail. Our experts can help you find the best possible method for you to use, and answer questions about whether you can expect fast processing times, charges to be applied to your transactions or whether you need to use a different method for making withdrawals. Bookmark Betting.co.uk and we look forward to seeing you again soon!
Different gambling sites have different rules and processes in place when it comes to deposits and withdrawals. If you want to know whether or not an operator applies charges to transactions then the best way to check is to look at our betting site and online casino reviews here at Betting.co.uk. It’s a great way to see exactly what terms and conditions surround using the various payment methods and whether you can expect to have to pay any charges.
If you want to know all the terms and conditions associated with a particular payment method, then you should make a point of checking out our operator reviews and payment method articles here at Betting.co.uk. In our articles, you’ll find all the details you need to make a properly informed decision about which payment method is the best one for you to use. You can also discover a host of other important facts and features of the internet’s best betting sites and online casinos, including betting strategies and much more!