Revolut, the global fintech currently claiming more than 65 million global customers and various business customers, has announced a global payments partnership with one of the world’s online travel platforms, Booking.com.
Expanding Revolut’s travel offering for customers, Booking.com customers can now pay via Revolut Pay, Revolut’s checkout solution, and potentially benefit from a range of currencies.
This partnership is said to be a good fit given the customer overlap between businesses, with appr. 9 million customers from Revolut’s global user base having made purchases on Booking.com.
It signals a commitment from Revolut into the travel industry as Booking.com becomes its one of its travel partners adopting Revolut Pay. This comes as the number of customers using Revolut Pay has rises, now with nearly 2 million monthly active users.
Using Revolut Pay as a payment option at the time of checkout means customers are able to purchase their Booking.com accommodation, with flights and cars expected to follow.
At the point of payment, customers are redirected from the Booking.com platform to pay via the Revolut app, improving the booking process and protecting purchase via Revolut’s built-in biometric security.
As a perk, those paying with Revolut Pay are able to earn extra RevPoints on all purchases. RevPoints is said to be the first pan-European debit loyalty card program, and points can be redeemed at various merchants when checking out with Revolut Pay, including Booking.com as well as other benefits.
From 17th November to 3rd Jan, users may benefit from “10X RevPoints on their purchases.”
Alex Codina, General Manager of Acquiring at Revolut said that given their customers’ interest in travel and the significant number of users on Booking.com, this partnership is a fit for them.
Integrating Revolut Pay means a better “checkout experience for users.”
JC Rodriguez, Senior Director of Commercial Fintech at Booking.com they are constantly looking at how they can “make it easier for everyone to experience the world, and introducing … solutions to make transacting on their platform … flexible for all customers is key to that goal.”
To enable this payment solution for travelers, Booking.com has adopted Revolut Business, using the system “as part of its day-to-day operations.”
This trust in Revolut’s business solutions sets a foundation for “expanding the partnership further.”
