Revolut launches Payroll for salaries in the UK

Monday 21 February 2022 13:53 CET | News

Europe-based digital bank Revolut has announced the launch of its new service, Payroll, designed to help companies make easy payments to their employees.

The service is designed to be hassle-free and make payments easier, in just a few clicks, instead of an hours-long process. It allows for companies to make salary calculations, taxes, pay runs, pensions, and more so that each employee receives the right amount of money in their Revolut account, regardless of their status and contract particularities. 

Revolut made Payroll a simple process and the app will guide clients through each step of the process, from uploading critical payment-specific info to scheduling the payments according to contracts.

The service is currently available for UK residents only and Payroll is charged GBP 3 per active team member per month.

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Keywords: Revolut, online banking, mobile payments, online payments, recurring payments, product launch
Categories: Payments & Commerce
Companies: Revolut
Countries: United Kingdom
This article is part of category

Payments & Commerce


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