Revolut will launch Revolut Pay in 2025, providing stronger fraud protection for cryptocurrency customers.💼

In a 12-month pilot, companies using Revolut Pay found that fraudulent attempts against cryptocurrency customers were reduced by about 50%. This is undoubtedly good news!📉

These enhancements include KYC name matching, fraud warning screens, proof of cryptocurrency delivery, and the ability for merchants to receive transaction risk scores.🔍

Revolut's initiative demonstrates that fintech companies are actively addressing security challenges in cryptocurrency transactions to provide users with a safer trading environment.🔒