PrestaShop, the leading e-commerce platform in Europe and Latin America, and Revolut, the financial superapp with over 13 million customers worldwide, announce a strategic partnership which will enable PrestaShop merchants to leverage Revolut Business, allowing sellers and their customers to benefit from seamless payments when shopping online.
With the Revolut Business module, PrestaShop merchants will be able to:
• Accept debit and credit card payments into a dedicated merchant account,
• Get funds faster with next day settlement,
• Access the most competitive foreign exchange rates,
• Accept payments in 14 currencies straight into their account,
• Benefit from low rates and free transaction volume allowances.
“Our partnership with PrestaShop is an exciting milestone as we roll out the opportunity for Revolut customers to start accepting online payments. PrestaShop's significant footprint will allow many merchants all across Europe to start benefiting from the great rates and seamless user experience we are offering through Revolut Business, and we can't wait to extend this partnership to even more countries,” said Revolut CEO, Nik Storonsky, about this new partnership.
For Revolut, this is the first partnership and integration with an ecommerce platform. Here is what PrestaShop CEO, Alexandre Eruimy, had to say about this partnership: “PrestaShop's mission is to enable commerce growth. That is why we are developing our partners ecosystem with innovative tech leaders supporting merchants' business growth. Today, we are proud to welcome Revolut within the PrestaShop community! Our partnership with Europe’s fastest growing fintech opens up great opportunities to develop financial services towards PrestaShop merchants.”
For PrestaShop this is the first partnership offering merchant business accounts. The payment solution will first be available to PrestaShop sellers in the United Kingdom, France, Spain, Ireland and Portugal. In 2021, Revolut plans to extend the offering to more European countries. The Revolut PrestaShop module is available as a free download starting today.