GRTU has chosen Revolut Business for the benefit of Maltese companies

Revolut, the fastest-growing FinTech in Europe, is providing advanced and more affordable digital banking alternatives as the banking of choice for the Malta Chamber of SMEs

From left: GRTU officials Abigail Mamo, Paul Abela, and right, Philip Fenech with Revolut country ambassador Philip Maurice Mifsud (second from right)
From left: GRTU officials Abigail Mamo, Paul Abela, and right, Philip Fenech with Revolut country ambassador Philip Maurice Mifsud (second from right)

Revolut will be providing GRTU members with an exclusive three-month free subscription, in an incentive that will potentially reach close to €1 million in value for 7,000 companies based in Malta.

"GRTU believes in the principles Revolut stands by and is a welcome breath of fresh air as a digital banking alternative," GRTU president Paul Attard said at a press conference with Revolut.

"GRTU has been fighting and arguing against exorbitant and hidden fees and expensive access to finance. Revolut so far have provided a very good first step and we are excited to continue working together and developing new products for the needs of our members. It is high time that Maltese businesses are charged a straightforward cost that is not percentage based and does not include exorbitant costs, hidden profits or fees."

Abela said GRTU joins Prime Minister Joseph Muscat in welcoming Revolut to Malta. "We will endeavour the best of our efforts for it to succeed and give a much needed service to Maltese enterprises."

60,000 companies around Europe have already signed up for Revolut Business, so it’s perfect timing for Malta to join the party!

Revolut Business provides a comprehensive service by linking their product to other software that facilitate the monitoring of cash flow, automation of workflows and automated accounting amongst others, all linked to the company’s digital banking. Revolut will be holding a number of workshops with its counterparts for GRTU members during the year to come.

Companies can also enjoy free international bank transfers and fee-free currency conversion. This is particularly interesting for companies who are doing international business and need to move money fast, safe and without paying ridiculously high banking fees. Companies can also benefit by issuing corporate cards for their staff, and track the whole team’s business expenses instantly, set spend limits for each employee and easily block cards if they are lost.

Last but not least, Revolut Business offers a modern Open API that allows companies to seamlessly integrate their business bank account into their workflow. As a result, they can automate cross-border business payments, send payouts to clients or employees and monitor transactions according to business’ needs.

"This is what businesses need in this digital era and this is the service that consumers expect. GRTU and Revolut are committed to make it happen," Abela said.

 

To get your hands on your own Revolut card, simply follow the instructions below

1. Follow this link [CLICK HERE]

2. Insert your mobile number

3. Follow text message URL to download Revolut on the Google Play or Apple App Stores via the link

4. Open an account (takes 30 seconds)

5. Top up €10 which you will use the first time you use your card.

6. Select and order Free Card [Standard Delivery]

7. Verify your identity (Tap more -> Profile -> Verify identity)

8. Your Revolut card will be sent to your door! 

 

For Revolut for Business inquiries, please contact Philip Maurice Mifsud on 00356 99892494

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