Revolut has launched a Pay by Bank option that allows consumers to make payments directly from their bank accounts, bypassing card networks. This method enhances security, reduces costs, and has gained popularity in the UK, with 14 million users monthly. The feature is initially available in several European countries, with plans to expand further.
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.