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Revolut Designed a Virtual Card to Prevent Fraud, By Renewing User Details With Each Payment

March 22, 2018

UK-based fintech Revolut’s newest product is a “disposable” virtual card, a product that was designed with fraud protection in mind, the fintech announced today. The card, which sits inside Revolut’s mobile app, wipes a user’s details and resets them after every payment.

The startup, which has applied for a European banking license, currently has about one million users, as of November 2017.

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