- Revolut announced the launch of Confirmation of Payee for its more than three million UK retail customers
- This latest feature forms part of Pay.UK’s anti-fraud initiative and further bolsters Revolut’s already award-winning anti-fraud features
- Confirmation of Payee give Revolut’s customers greater confidence that their payments going to the right recipient
- The new feature automatically checks that the recipient name and account details match the information held by the recipient’s bank
- The new feature helps to protect customers against Authorised Push Payment (APP) fraud
- Revolut sharing guidance with customers on how to spot scams and keep their money protected from fraudsters
