
ⓘ Revolut
The internet bank Revolut has introduced a new POS system for merchants, with particularly low fees when customers pay using facial recognition. The system also supports conventional payment methods.
Andreas Sebayang (translated by Enrico Frahn), Published 🇩🇪
Revolut has unveiled the so-called Revolut Register, a point-of-sale system intended to expand adoption of Pay with Smile, the company's facial recognition payment system. Revolut Register includes a camera for biometric payments, along with a tablet and a main touchscreen. The tablet allows staff to take payments away from the checkout counter. Multiple units can also be linked together.
Payment support has some notable limitations. Only Visa, Mastercard and American Express are accepted, including through Google Pay and Apple Pay where those cards can be added. Regional card networks are not currently supported. Some international credit and debit card networks are also missing, including UnionPay, whose cards are also issued in Germany, and JCB. JCB, however, withdrew from Europe a few years ago.
The system will initially launch in the UK. Like Spain, the country often serves as a launch market for new products and services. The hardware costs around £700 before tax, with no activation fee or monthly device charges. Transaction fees still apply, although Revolut currently charges nothing for Pay with Smile payments. Merchants therefore have a financial incentive to encourage customers to use the biometric payment system.
For supported cards issued in the UK, Revolut charges 0.8% of the transaction value plus a fixed fee of £0.02. International cards incur a considerably higher fee of 2.6% plus £0.02. Merchants also need to pay for a Revolut Business account.
I’ve been involved in the IT business for over 20 years, first as a Sysadmin (Mac & PC; 2000-2014) and then as a journalist (2005 onwards). I have attended many industry events, such as IDF, Displayweek, Computex, CES, and IFA, to cover subjects like mobile and local networks, Bluetooth standards, and developments in the mobile sector. Since 2017 I have also worked as an aviation journalist, which involves traveling around the world reporting about both planes and trains.
Translator: Enrico Frahn - Senior Tech Writer - 10629 articles published on Notebookcheck since 2021
My fascination for technology goes back a long way to the Pentium II era. Modding, overclocking and treasuring computer hardware has since become an integral part of my life. As a student, I further developed a keen interest in mobile technologies that can make the stressful college life so much easier. After I fell in love with the creation of digital content while working in a marketing position, I now scour the web to bring you the most exciting topics in the world of tech. Outside the office, I’m particularly passionate about motorsports and mountain biking.


