Revolut Business has rolled out a new set of merchant payment tools in Singapore, allowing businesses to accept online and in-person payments from a single platform.
The launch brings merchant acquiring into the Revolut Business account, combining account-to-account, online and in-store payments.
The suite includes Revolut Terminal for in-person payments, alongside Revolut Pay, payment links and a payment gateway for online transactions.
Revolut said processing fees start from 0.5 percent plus S$0.02 per transaction, with 99.99 percent uptime for the processing service.
Merchants receive 24-hour settlements, including on weekends, and can hold and settle funds in more than 30 currencies.
The company said businesses are charged only on successful transactions and can issue refunds at no extra cost.
The rollout follows a survey by Revolut and YouGov, which found that more than 80 percent of Singapore businesses consider finance and administrative work the most time-consuming part of their operations.
Revolut said the new services aim to consolidate payment processing, reconciliation and foreign exchange within a single system, supported by 24/7 fraud monitoring and AI-driven risk controls.
Ashley Thomas, Head of Strategy and Operations at Revolut Singapore, said,
“For too long, the merchant payment landscape has been fragmented and costly, particularly for small businesses and those who are always on the move. The launch of our full merchant suite in Singapore, directly tackles this complexity.
We are providing Singaporean merchants with a single ecosystem to manage all sales — from online one-click checkouts to truly hardware-free in-person transactions. This innovation allows them to focus on running their business, not managing bulky terminals.”
Globally, Revolut said its acquiring services and Revolut Pay are used by businesses including Booking.com, Vueling, Kiwi and Wizz Air.
In Singapore, the company said Revolut Business customer numbers grew nearly sevenfold from 2024 to 2025, while daily transactions rose tenfold and daily payments increased more than sixfold.
Featured image: Edited by Fintech News Singapore, based on image by Freepik
