Revolut enables crypto purchase directly into MetaMask wallets, with Revolut Ramp

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10 Mar 2024
42

London, March 6th, 2024 – Revolut, the global fintech with more than 40 million customers worldwide, announces its latest crypto offering in the UK and European Economic Area (EEA), Revolut Ramp, in partnership with the world’s leading self-custodial wallet, MetaMask, doubling down on its commitment to the world of cryptocurrency.
Adding crypto to a self-custody wallet is now easier. Revolut's experience in processing millions of dollars/pounds/euros worth of fiat transactions daily, along with its popular crypto product, makes it the perfect candidate to simplify the process and enter the world of web3.
Revolut Ramp allows customers to on-ramp within seconds and purchase new tokens directly into their MetaMask wallets. Customers can use their fiat currency balance, held in 18 currencies in their Revolut account, or pay with their Visa or Mastercard bank card. Revolut users can skip any verification checks as Revolut can rely on existing verification from the Revolut app. The checkout process takes only a few seconds. If users pay directly from their Revolut account, the fiat transaction will be outside of the scheme card rails and entirely within Revolut's ecosystem. This increases the success rate and allows Revolut to offer competitive prices without being burdened by additional card processing costs.
Revolut Ramp offers an integrated Know Your Customer (KYC) process that non-Revolut customers can complete in just a few minutes. This process uses the same infrastructure that has been used to verify the identities of millions of Revolut users in a seamless and low-friction way. The customer can purchase at competitive fees more than 20 different tokens, including ETH, USDC, USDT, SHIB, 1INCH, and many others, via the app or website.
Mazen Eljundi, Global Business Head of Crypto at Revolut, said: “We are excited to announce our new crypto product Revolut Ramp, a leading on-ramp solution for the web3 ecosystem. Our on-ramp solution ensures high success rates for transactions done within the Revolut ecosystem and low fees for all customers. We are delighted to partner with a leader in the web3 space, MetaMask. We will offer customers the possibility to buy more than 20 tokens with their fiat currency smoothly, securely, and without friction.”
Lorenzo Santos, Senior Product Manager at Consensys, commented: "By teaming up with Revolut, we're making crypto more approachable and less complicated. This partnership is really about giving our users what they want – more control over their crypto, in a straightforward way, using platforms they already know and trust. It also plays a crucial role in fostering broader crypto adoption, opening up the world of crypto to more people."
When a MetaMask user clicks ‘Buy’ in their MetaMask wallet, Revolut will be listed as a top provider, under the Debit or Credit payment methods. Once a user selects Revolut, they will be redirected to Revolut’s payment flow where they can purchase cryptocurrency into their MetaMask wallet with a debit or credit card (Mastercard or Visa) or use their balance on the Revolut account.


MetaMask is the launch partner for Revolut Ramp, which joins a growing number of over 40 unique payment methods in 177 countries making buying crypto more accessible than ever.
Revolut Ltd, a company established in the United Kingdom, offers a wide range of financial products through its financial super app, and crypto is an increasingly popular feature.  
Revolut regularly communicates with customers that crypto tokens are volatile assets and prices can change quickly. Revolut believes in widening access to crypto and also recognises that it may not be appropriate for everyone, so the company encourages its customers to research the various cryptocurrencies and the risks and opportunities before buying or selling. Customers should review independent sources and learn the differences between tokens as well as considering their personal circumstances when buying or selling crypto. Cryptocurrencies are unregulated and funds are not protected by investor compensation schemes. Tax could be payable on trading gains. When you buy crypto with Revolut Ramp on MetaMask, you will be charged a small fee that will be displayed before your purchase.
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About Revolut
Revolut is a global fintech, helping people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 40 million customers around the world use dozens of Revolut’s innovative products to make more than half a billion transactions a month.
Across our personal and business accounts, we give customers more control over their finances and connect people seamlessly across the world.www.revolut.com
About MetaMaskMetaMask is the world’s leading self-custody web3 platform developed byConsensys, MetaMask is the most beloved and trusted way a global user base relies on to mint and collect NFTs, join DAOs, play games and participate in DeFi protocols.
About Consensys
Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including theMetaMask platform,Infura,Linea,Diligence, and ourNFT platform, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visithttps://consensys.io/.

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