They need to for sure.
Was buying a book this morning and discovered Revolut Pay (Iām guessing this is years old?).
Basically scanned the QR code which launched the app where I tapped to approve.
Very easy and fast.
I think Rev Pay is fairly new.
Incidentally, Revolut as a verb (as in āRevolut meā) is a thing in Ireland, just like Monzo is here.
Monzo as a verb is a thing?
Definitely not in my grandad circle.
Revolut pay is fairly new, not seen in person yet though.
It is. Iāve heard people say āIāll Monzo youā
We say it often enough. Or ping it to my monzo
Does this only work if the sender is using Barclays?
Iāve heard this is a London thing as well.
I was just about here 33 years young.
I
I never used pingit I donāt think. Convinced most to use Paym.
Speaking of Monzo, was watching the Apple TV+ Series āBad Sistersā and one of them saidā¦
āBecca doesnāt even have a bank account, she does her shopping with her Monzo.ā
Canāt believe that didnāt get fact checked.
I mean, if itās representative of how the demographic views itā¦
Never understood why they have that card sat on the Home Screen, it just screams pre-paid.
Monzo or Revolut? Not sure what you mean by a card on the Home Screen.
Monzo.
The Hot Coral card that is visible when you open the app near your balance.
Or has that been gotten rid of?
When I go into the Monzo app it shows the account feed with just the top bit of the debit card showing. Pretty similar to how Chase do it.
Yeah - for me I wouldnāt have the card in the landing part of the UI - as itās synonymous with the perception of a spending card (opposed to an account that caters to all needs). But perhaps thatās just me?
Could you simplify what that means?
European Central Bank would control it (or supervise, however sugarcoated it may be), but how would that be significant in terms of the UAB licence?
Would that make it a super bank (not literal) and wholly more attractive in terms of investment etc, and a higher likelihood of UK licence?