The partnership between Revolut and the NBA aims to enhance financial services for fans and players, integrating payment solutions within the league's ecosystem. This collaboration is expected to streamline transactions and offer unique financial products tailored to basketball enthusiasts.
Revolut has partnered with Ant International to enable users worldwide to send money to China via Alipay, targeting the $48 billion Chinese remittance market. Customers can select Alipay as a transfer method in the Revolut app, with fees set at 0.15% for standard users and 0.12% for premium users. CEO Raymond Ng emphasizes the commitment to providing efficient and cost-effective international money transfer solutions.