Revolut plans to introduce its upgraded security tool, Revolut Pay, to crypto customers in 2025.
The platform aims to address the rising fraud risks in digital asset transactions and has shown a 50% reduction in fraud attempts during a pilot test.
Revolut Pay integrates advanced features such as KYC name matching, fraud alerts, proof of crypto delivery, and transaction risk scores.
The system provides end-to-end control over transactions, blocking fraudulent activities and aims to create a more secure transactional environment for merchants and users.