Revolut launches beta in India: thousands testing UPI, cards and wallets

Friends, sharing a fintech update: Revolut has initiated a controlled beta launch in India.

What happened: the company opened access to part of its waitlist — several thousand users are already active.

Key points:
- UPI payments, e-money wallets, and prepaid, multi-currency, virtual and disposable cards are available.
- Rollout is limited within a ~450k waitlist segment; the aim is to gather feedback before scaling.
- Revolut obtained a PPI licence and acquired Arvog; family accounts are not yet available.

Why it matters: competition in digital payments intensifies, offering users new options and multi-currency functionality.

How quickly do you think Revolut can scale in India?

#fintech #Revolut #payments #India