Revolut alternatives
Revolut has become a leading name in the Fintech industry since its groundbreaking launch in 2015.
For a decade, it led the way in offering digital multi currency accounts for individuals and businesses.
Despite its popularity, there’s a growing trend of discontented users. In fact, thousands of people every month are searching for Revolut alternatives and apps like Revolut.
Particularly for businesses, Revolut isn’t meeting the demands of the most forward thinking and successful organizations.
So if you’re weighing up Revolut against the alternatives, below you’ll get a breakdown on the options available, including key features, pros and cons.
And you’ll learn where Revolut fails, competitors like Acctual provide global payments, in built invoicing and ERP integrations for fees that drop below 1%.
What is Revolut?
Revolut is a UK based fintech and neobank that now operates globally. It was launched in July 2015 by Nikolai Storonsky and Vlad Yatsenko. Over the next decade, it grew to operate in more than 48 countries with over 50 million customers globally.
The banking app has become one of the most well known names in the Fintech industry. Its ability to let users spend money abroad with attractive foreign exchange rates has led to a company valuation of $45+ billion. That makes it the most valuable private tech company in Europe, with profits growing to $1.4 billion annually.
In recent years, it's also offered business banking and integrations such as invoicing, which suit individual and startup type businesses. Its popularity is largely down to its ease of use, allowing users to simply download a smartphone app, order a payment card and start using the platform.
The leading feature is the multi currency account setup, where users can open accounts in dozens of different countries and easily switch funds between accounts. Adding to this, the payment card allows people to spend these funds directly from their account for highly attractive FX fees.
While the business accounts are easy to use, much of the functionality for Revolut has moved towards foreign exchange services, stock and even cryptocurrency trading features.
No doubt, these are cool features, but they don't solve several banking problems that most businesses face, particularly when it comes to cross border transactions.
The problems with Revolut for business
Currency management: Having to manage multi currency accounts for cross border payments adds an extra administrative burden and risk for organizations. For example, do you have the processes in place to manage multi currency accounts in over 30 different currencies? It's comprehensive but requires balancing market rates and holding enough funds in each account to meet your various commitments around the world.
Complex fees: The tiered subscription models available also make it hard to decide which model is best for your business. There's Standard, Plus, Premium and Metal, all with varying benefits. As the benefits become more rewarding, the monthly fees also add up. These complex pricing structures can lead to businesses overpaying for features they don't really need and still missing important functionality.
Basic invoicing: There are also limited invoicing capabilities, which creates a really critical gap between the high level of invoice management and cash flow management that growing and international businesses seek.
Geo restrictions: There are restrictions on certain transactions and countries where you can use Revolut. Making payments into certain countries can be tricky, not ideal if you're using suppliers or employees from some developing nations.
Frozen accounts: Many customers seeking a Revolut alternative voice concerns about accounts being frozen for no reason, which has led to devastating business effects. And due to their huge global footprint, customer service is tricky, if not non existent, particularly during high volume periods.
Some users even note that because the system runs via a mobile app, if you lose access or break your mobile phone, it can be hard to contact support for your account.
All in all, businesses that use Revolut end up cobbling together multiple solutions for their banking, invoicing and accounting systems, rather than having a neat all in one solution that helps them get paid and reconcile their accounts quickly.
Next, we're going to show you a platform that:
gives you flexible international invoicing for both fiat and cryptocurrencies,
enables your customers to pay how they want while you receive funds how you want
all with built in accounting and ERP integration.
Acctual: The premier Revolut alternative
Acctual provides a flexible way to get paid in any currency. It's unmatched for versatile cross currency and cross border payments. Businesses can work in fiat to fiat payments or include crypto.
For example, a client can pay in dollars and you can be paid in crypto directly into your digital wallet, or vice versa. Your customer can pay using a stablecoin like USDC and you can receive fiat dollars straight into your bank account.
Its flexibility gets rid of payment barriers for global clients, helping you to expand your customer base. There's no need to balance multi currency accounts or work out FX rates. Instead, you can tap into economies across the world without having to worry about administering multiple financial infrastructures. Acctual can’t even lock or freeze your funds like Revolut, payments go directly to your bank account or crypto wallet.
It's a step forward for businesses operating in multiple markets who can forget the troubles of working in multiple currencies in apps like Revolut and solve the frustrations with traditional banking systems that take days to settle and lead to excruciating fees.
Acctual simplifies the payment process between clients and vendors. When it's easy for clients to pay, you get paid faster. That means improved cash flow for your business.
Simple sign up flow
Getting started with Acctual takes just two minutes. The whole process is designed to be smooth and easy. In just a couple of clicks, you can sign up with your Google account or manually with an email and secure password.
Then you can get straight into setting up your invoice, choose your payment methods and start sending and receiving payment.
To tie it all together, you can plug in your accounting platform like Xero or QuickBooks and everything's ready in just a few minutes. Acctual is ready to go with minimal effort and minimal time. You can start issuing invoices and everything smoothly integrates your data for synchronization across all your systems.
Your accounting team will thank you. You'll love getting rid of manual entry and human error.
Powerful invoice creation
Where Acctual really stands out as the best alternative to Revolut is the invoicing tool. The inbuilt invoice creation tool is 100% flexible. Whether you're a small business or a large organization, you can build invoices tailored to your specific needs.
That means, like magic, invoices will reflect your brand while also making each one feel personalized for your clients. Starting at the invoice page, you can create an invoice in seconds. Enter your company email and name, followed by your client's email and name, then Acctual will go and find the billing details automatically, along with brand logos.
Even if it fails to find this information quickly, you can add the details manually using the clean user experience.
With that information defined, you can start adding your invoice details. Select the client’s currency payment methods along with the items and their price, plus any added notes and taxes you need to include. Then add how you like to get paid, whether that's your fiat bank account or connecting your crypto wallet.
With everything ready to go, all you need to do is add the invoice terms, including the invoice number, issue date and the due date, before either sending it directly to a client or downloading it to send manually.
You'll be surprised how fast it is, with most users creating their first invoice in less than five minutes. See how quickly you can do it here with our free invoice generator tool.
Complete invoice management
Acctual isn't just about sending invoices. It has complete management for your payment workflow. Once an invoice is sent, you have every option you need to manage your payments. If a client misses their invoice due date, you can quickly resend the invoice from the unpaid tab or even just send a payment link to gently nudge a client to complete payment.
Once paid, the invoice is marked paid automatically. Or for manual payments, you can change the status yourself, choosing between crypto and fiat, the paid date and even include the link to the transaction for crypto payments.
If you need to reissue an invoice or cancel a payment, then you can void it easily, too and include a memo with the reasoning for the cancellation.
Bill payment
Unfortunately, business isn't just about getting paid… you'll likely have other bills to keep on top of. And if you feel like you're paying bills every day but apps similar to Revolut aren’t helping, then Acctual has you covered
You can create and pay bills directly from your crypto wallet. From the bills page, you can click "Add Bill" or even just forward invoices to bills@ap.acctual.com from your account email address.
Optical Character Recognition (OCR) helps to automatically fill in all the necessary fields from an uploaded invoice. This includes vendor, invoice number, invoice date, due date and amount. You can also add GL categories, memos, methods like assets or chains to the payee, including the vendor's crypto wallet address.
Once saved, the bill is ready for payment. Simply click "Continue to Pay," connect up your crypto wallet and pay the bill in your preferred asset. It's a truly unique function to Acctual that lets you pay your bills using crypto. The payee receives the money directly into their bank account or crypto wallet. All taken care of automatically.
After payment completion, you'll have the bill entered into your accounting system like Xero or QuickBooks, for painless reconciliation.
Fund transfers
For complete treasury management, Acctual also helps you move funds across bank accounts and chains. That means you can make transfers from one crypto wallet to another or between fiat and crypto.
The transfers feature allows you to move stablecoins across chains. For example, bridging USDC from Ethereum to Polygon or instantly converting bank deposits into cryptocurrency.
It's not just a crypto on ramp either; you can cash out your crypto by withdrawing directly to your bank account. It's a straightforward process where you select your funding source, select your destination, add the amount and confirm the transfer.
Along the way, you can track payment and transfer status in the transfers tab. So you will always see where your money is at any given time.
Made for teams
Modern businesses can grow at an exceptional rate. This means you need systems that can cope with these flexing workforces. Acctual has team collaboration built into its fabric.
You can easily invite team members to your accounts using the invite function and send a link direct to their email address. Plus, if anyone misses an invite, you can quickly resend it without having to deal with multiple password resets or duplicate accounts.
As an admin, you'll have complete control over personal access, a two fold benefit that allows you to protect sensitive data and manage your team without complex password management.
Contact management
With invoices and bills flying in and out of your company every day, having a centralized hub for all your payment relationships is critical. It provides a single source of truth for contact information, helping to reduce duplicate records and payment information mistakes.
The result improves client communication and with accurate payment details, it means you'll get paid faster and more consistently. There's no more back and forth confirming bank details or errors in adding client details correctly.
It's another layer of automation and efficiency in your processes. Once you've quickly added a new contact to your database, everything links to your invoicing, billing and even your accounting system. It becomes easy to send invoices and pay your bills.
Free invoice generator
If you just want to start trying out Acctual without taking two minutes to set up a new account, then you can use the free invoice generator tool. In a couple of minutes, you can create invoices quickly without needing an account.
You can enjoy all the benefits of Acctual, including crypto and fiat payments that allow your client to pay how they want and you get paid how you prefer. It's modern invoicing available to everyone.
If you need to send an invoice today, then you could have it ready in less time than it takes to make a cup of coffee.
Multi signature payments
If you're working with cryptocurrency in your organization, then security is paramount. Any mistakes can lead to devastating, unrecoverable losses. Once you make a payment in cryptocurrency, it can't be recovered. The coins will be sent over the blockchain to the recipient's wallet and you're at their mercy as to whether it will be refunded.
It leaves you open to misuse from employees and those with wallet access. It's exactly the reason why Acctual offers multi sig payments.
Once a payment is ready to be made, you can pay it using Safe. Simply connect up your crypto wallet like MetaMask and you'll see a notice saying "Safe wallet connected."
Then, if you require multiple signatures, the bill will alert you that it is awaiting signatures. Other signatories can log in and sign the bill from Acctual or the Safe app. You can also use this feature for batch paying bills.
So you can enjoy complete efficiency, paying multiple bills. A handy feature if you're using crypto payroll to compensate dozens of employees in one go.
How to choose the right payment software
When you're looking for an alternative to Revolut, there are several factors you need to consider. Naturally, there are the frustrations you're trying to solve by looking for Revolut competitors. But along with this, there are other factors to consider:
1. Fees and pricing
Acctual provides a transparent pricing system. It's completely transparent, so you always know how much you're paying. It's a simple 1% fee for its flexible payment options, no matter how you want to get paid. So you won't find hidden fees if you want to get paid in stablecoins, but your customer wants to pay in fiat.
In short, it ensures your money arrives where it needs to with minimum fees.
Before you choose your payment and invoicing software, be sure to check the full pricing structure. It's an essential comparison between platforms. It’s frustrating to spend time setting up and verifying an account only to realize the features you need incur added payments or have a 3% charge on your invoice payments.
2. Security and compliance
Security is everything for your finances. If you're at risk of having your crypto stolen or your bank payments frozen, then it can be devastating for your business. Cash flow is king when it comes to maintaining and growing a business. So any delays or freezes can be devastating.
With that in mind, you should be choosing a provider that is compliant to regulations in the countries you're operating in, including restrictions such as OFAC list checks for embargoed countries. Acctual takes all of this with the utmost importance. Financial data is protected and adheres to regulatory requirements.
This means money moves with minimal holdups and reduces the risk of any legal issues. Plus, for crypto payments, there is direct multi sig integration with Safe, while KYC verification is carried out where necessary in the payment process.
3. Account verification
Any legitimate financial organization should include Know Your Customer (KYC) and Anti Money Laundering (AML) practices. When signing up, you should check that you have the required documentation in your jurisdiction to create and validate a verified account.
Some organizations can be slow to verify accounts, which can sometimes take days. This is frustrating when you need to get your money moving. With Acctual, you can have a verified account in minutes, all adhering to strict KYC guidelines, so you can accept fiat and crypto payments while remaining compliant and protected from fraud.
Plus, adding to this, all your data is stored with leading industry encryption and protocols. And if you're waiting for KYC verification, you can still get going by creating an invoice, so you're ready to go once approved.
4. Geographic restrictions
Many banks like Revolut have limited reach into many countries around the world. For example, Revolut in particular has restrictions around the Middle East, Africa and even some European countries.
Where competitors similar to Revolut fall down, Acctual is available in most countries across the world. But you're also protected against making payments to countries with OFAC sanctions, so you don't get caught with penalties for making illegal payments.
Try the top Revolut alternative today
So if you're looking for alternatives to Revolut, Acctual is the best option. It offers smooth invoicing, payments and account integration.
If you're ready to try out the full set of features, then use the simple onboarding to create an account in just two minutes.
For small, growing and large businesses, Acctual has everything you need for global transactions in both fiat and crypto, so you can focus on business growth rather than the burden of account reconciliation and chasing invoices.
Revolut alternatives
Revolut has become a leading name in the Fintech industry since its groundbreaking launch in 2015.
For a decade, it led the way in offering digital multi currency accounts for individuals and businesses.
Despite its popularity, there’s a growing trend of discontented users. In fact, thousands of people every month are searching for Revolut alternatives and apps like Revolut.
Particularly for businesses, Revolut isn’t meeting the demands of the most forward thinking and successful organizations.
So if you’re weighing up Revolut against the alternatives, below you’ll get a breakdown on the options available, including key features, pros and cons.
And you’ll learn where Revolut fails, competitors like Acctual provide global payments, in built invoicing and ERP integrations for fees that drop below 1%.
What is Revolut?
Revolut is a UK based fintech and neobank that now operates globally. It was launched in July 2015 by Nikolai Storonsky and Vlad Yatsenko. Over the next decade, it grew to operate in more than 48 countries with over 50 million customers globally.
The banking app has become one of the most well known names in the Fintech industry. Its ability to let users spend money abroad with attractive foreign exchange rates has led to a company valuation of $45+ billion. That makes it the most valuable private tech company in Europe, with profits growing to $1.4 billion annually.
In recent years, it's also offered business banking and integrations such as invoicing, which suit individual and startup type businesses. Its popularity is largely down to its ease of use, allowing users to simply download a smartphone app, order a payment card and start using the platform.
The leading feature is the multi currency account setup, where users can open accounts in dozens of different countries and easily switch funds between accounts. Adding to this, the payment card allows people to spend these funds directly from their account for highly attractive FX fees.
While the business accounts are easy to use, much of the functionality for Revolut has moved towards foreign exchange services, stock and even cryptocurrency trading features.
No doubt, these are cool features, but they don't solve several banking problems that most businesses face, particularly when it comes to cross border transactions.
The problems with Revolut for business
Currency management: Having to manage multi currency accounts for cross border payments adds an extra administrative burden and risk for organizations. For example, do you have the processes in place to manage multi currency accounts in over 30 different currencies? It's comprehensive but requires balancing market rates and holding enough funds in each account to meet your various commitments around the world.
Complex fees: The tiered subscription models available also make it hard to decide which model is best for your business. There's Standard, Plus, Premium and Metal, all with varying benefits. As the benefits become more rewarding, the monthly fees also add up. These complex pricing structures can lead to businesses overpaying for features they don't really need and still missing important functionality.
Basic invoicing: There are also limited invoicing capabilities, which creates a really critical gap between the high level of invoice management and cash flow management that growing and international businesses seek.
Geo restrictions: There are restrictions on certain transactions and countries where you can use Revolut. Making payments into certain countries can be tricky, not ideal if you're using suppliers or employees from some developing nations.
Frozen accounts: Many customers seeking a Revolut alternative voice concerns about accounts being frozen for no reason, which has led to devastating business effects. And due to their huge global footprint, customer service is tricky, if not non existent, particularly during high volume periods.
Some users even note that because the system runs via a mobile app, if you lose access or break your mobile phone, it can be hard to contact support for your account.
All in all, businesses that use Revolut end up cobbling together multiple solutions for their banking, invoicing and accounting systems, rather than having a neat all in one solution that helps them get paid and reconcile their accounts quickly.
Next, we're going to show you a platform that:
gives you flexible international invoicing for both fiat and cryptocurrencies,
enables your customers to pay how they want while you receive funds how you want
all with built in accounting and ERP integration.
Acctual: The premier Revolut alternative
Acctual provides a flexible way to get paid in any currency. It's unmatched for versatile cross currency and cross border payments. Businesses can work in fiat to fiat payments or include crypto.
For example, a client can pay in dollars and you can be paid in crypto directly into your digital wallet, or vice versa. Your customer can pay using a stablecoin like USDC and you can receive fiat dollars straight into your bank account.
Its flexibility gets rid of payment barriers for global clients, helping you to expand your customer base. There's no need to balance multi currency accounts or work out FX rates. Instead, you can tap into economies across the world without having to worry about administering multiple financial infrastructures. Acctual can’t even lock or freeze your funds like Revolut, payments go directly to your bank account or crypto wallet.
It's a step forward for businesses operating in multiple markets who can forget the troubles of working in multiple currencies in apps like Revolut and solve the frustrations with traditional banking systems that take days to settle and lead to excruciating fees.
Acctual simplifies the payment process between clients and vendors. When it's easy for clients to pay, you get paid faster. That means improved cash flow for your business.
Simple sign up flow
Getting started with Acctual takes just two minutes. The whole process is designed to be smooth and easy. In just a couple of clicks, you can sign up with your Google account or manually with an email and secure password.
Then you can get straight into setting up your invoice, choose your payment methods and start sending and receiving payment.
To tie it all together, you can plug in your accounting platform like Xero or QuickBooks and everything's ready in just a few minutes. Acctual is ready to go with minimal effort and minimal time. You can start issuing invoices and everything smoothly integrates your data for synchronization across all your systems.
Your accounting team will thank you. You'll love getting rid of manual entry and human error.
Powerful invoice creation
Where Acctual really stands out as the best alternative to Revolut is the invoicing tool. The inbuilt invoice creation tool is 100% flexible. Whether you're a small business or a large organization, you can build invoices tailored to your specific needs.
That means, like magic, invoices will reflect your brand while also making each one feel personalized for your clients. Starting at the invoice page, you can create an invoice in seconds. Enter your company email and name, followed by your client's email and name, then Acctual will go and find the billing details automatically, along with brand logos.
Even if it fails to find this information quickly, you can add the details manually using the clean user experience.
With that information defined, you can start adding your invoice details. Select the client’s currency payment methods along with the items and their price, plus any added notes and taxes you need to include. Then add how you like to get paid, whether that's your fiat bank account or connecting your crypto wallet.
With everything ready to go, all you need to do is add the invoice terms, including the invoice number, issue date and the due date, before either sending it directly to a client or downloading it to send manually.
You'll be surprised how fast it is, with most users creating their first invoice in less than five minutes. See how quickly you can do it here with our free invoice generator tool.
Complete invoice management
Acctual isn't just about sending invoices. It has complete management for your payment workflow. Once an invoice is sent, you have every option you need to manage your payments. If a client misses their invoice due date, you can quickly resend the invoice from the unpaid tab or even just send a payment link to gently nudge a client to complete payment.
Once paid, the invoice is marked paid automatically. Or for manual payments, you can change the status yourself, choosing between crypto and fiat, the paid date and even include the link to the transaction for crypto payments.
If you need to reissue an invoice or cancel a payment, then you can void it easily, too and include a memo with the reasoning for the cancellation.
Bill payment
Unfortunately, business isn't just about getting paid… you'll likely have other bills to keep on top of. And if you feel like you're paying bills every day but apps similar to Revolut aren’t helping, then Acctual has you covered
You can create and pay bills directly from your crypto wallet. From the bills page, you can click "Add Bill" or even just forward invoices to bills@ap.acctual.com from your account email address.
Optical Character Recognition (OCR) helps to automatically fill in all the necessary fields from an uploaded invoice. This includes vendor, invoice number, invoice date, due date and amount. You can also add GL categories, memos, methods like assets or chains to the payee, including the vendor's crypto wallet address.
Once saved, the bill is ready for payment. Simply click "Continue to Pay," connect up your crypto wallet and pay the bill in your preferred asset. It's a truly unique function to Acctual that lets you pay your bills using crypto. The payee receives the money directly into their bank account or crypto wallet. All taken care of automatically.
After payment completion, you'll have the bill entered into your accounting system like Xero or QuickBooks, for painless reconciliation.
Fund transfers
For complete treasury management, Acctual also helps you move funds across bank accounts and chains. That means you can make transfers from one crypto wallet to another or between fiat and crypto.
The transfers feature allows you to move stablecoins across chains. For example, bridging USDC from Ethereum to Polygon or instantly converting bank deposits into cryptocurrency.
It's not just a crypto on ramp either; you can cash out your crypto by withdrawing directly to your bank account. It's a straightforward process where you select your funding source, select your destination, add the amount and confirm the transfer.
Along the way, you can track payment and transfer status in the transfers tab. So you will always see where your money is at any given time.
Made for teams
Modern businesses can grow at an exceptional rate. This means you need systems that can cope with these flexing workforces. Acctual has team collaboration built into its fabric.
You can easily invite team members to your accounts using the invite function and send a link direct to their email address. Plus, if anyone misses an invite, you can quickly resend it without having to deal with multiple password resets or duplicate accounts.
As an admin, you'll have complete control over personal access, a two fold benefit that allows you to protect sensitive data and manage your team without complex password management.
Contact management
With invoices and bills flying in and out of your company every day, having a centralized hub for all your payment relationships is critical. It provides a single source of truth for contact information, helping to reduce duplicate records and payment information mistakes.
The result improves client communication and with accurate payment details, it means you'll get paid faster and more consistently. There's no more back and forth confirming bank details or errors in adding client details correctly.
It's another layer of automation and efficiency in your processes. Once you've quickly added a new contact to your database, everything links to your invoicing, billing and even your accounting system. It becomes easy to send invoices and pay your bills.
Free invoice generator
If you just want to start trying out Acctual without taking two minutes to set up a new account, then you can use the free invoice generator tool. In a couple of minutes, you can create invoices quickly without needing an account.
You can enjoy all the benefits of Acctual, including crypto and fiat payments that allow your client to pay how they want and you get paid how you prefer. It's modern invoicing available to everyone.
If you need to send an invoice today, then you could have it ready in less time than it takes to make a cup of coffee.
Multi signature payments
If you're working with cryptocurrency in your organization, then security is paramount. Any mistakes can lead to devastating, unrecoverable losses. Once you make a payment in cryptocurrency, it can't be recovered. The coins will be sent over the blockchain to the recipient's wallet and you're at their mercy as to whether it will be refunded.
It leaves you open to misuse from employees and those with wallet access. It's exactly the reason why Acctual offers multi sig payments.
Once a payment is ready to be made, you can pay it using Safe. Simply connect up your crypto wallet like MetaMask and you'll see a notice saying "Safe wallet connected."
Then, if you require multiple signatures, the bill will alert you that it is awaiting signatures. Other signatories can log in and sign the bill from Acctual or the Safe app. You can also use this feature for batch paying bills.
So you can enjoy complete efficiency, paying multiple bills. A handy feature if you're using crypto payroll to compensate dozens of employees in one go.
How to choose the right payment software
When you're looking for an alternative to Revolut, there are several factors you need to consider. Naturally, there are the frustrations you're trying to solve by looking for Revolut competitors. But along with this, there are other factors to consider:
1. Fees and pricing
Acctual provides a transparent pricing system. It's completely transparent, so you always know how much you're paying. It's a simple 1% fee for its flexible payment options, no matter how you want to get paid. So you won't find hidden fees if you want to get paid in stablecoins, but your customer wants to pay in fiat.
In short, it ensures your money arrives where it needs to with minimum fees.
Before you choose your payment and invoicing software, be sure to check the full pricing structure. It's an essential comparison between platforms. It’s frustrating to spend time setting up and verifying an account only to realize the features you need incur added payments or have a 3% charge on your invoice payments.
2. Security and compliance
Security is everything for your finances. If you're at risk of having your crypto stolen or your bank payments frozen, then it can be devastating for your business. Cash flow is king when it comes to maintaining and growing a business. So any delays or freezes can be devastating.
With that in mind, you should be choosing a provider that is compliant to regulations in the countries you're operating in, including restrictions such as OFAC list checks for embargoed countries. Acctual takes all of this with the utmost importance. Financial data is protected and adheres to regulatory requirements.
This means money moves with minimal holdups and reduces the risk of any legal issues. Plus, for crypto payments, there is direct multi sig integration with Safe, while KYC verification is carried out where necessary in the payment process.
3. Account verification
Any legitimate financial organization should include Know Your Customer (KYC) and Anti Money Laundering (AML) practices. When signing up, you should check that you have the required documentation in your jurisdiction to create and validate a verified account.
Some organizations can be slow to verify accounts, which can sometimes take days. This is frustrating when you need to get your money moving. With Acctual, you can have a verified account in minutes, all adhering to strict KYC guidelines, so you can accept fiat and crypto payments while remaining compliant and protected from fraud.
Plus, adding to this, all your data is stored with leading industry encryption and protocols. And if you're waiting for KYC verification, you can still get going by creating an invoice, so you're ready to go once approved.
4. Geographic restrictions
Many banks like Revolut have limited reach into many countries around the world. For example, Revolut in particular has restrictions around the Middle East, Africa and even some European countries.
Where competitors similar to Revolut fall down, Acctual is available in most countries across the world. But you're also protected against making payments to countries with OFAC sanctions, so you don't get caught with penalties for making illegal payments.
Try the top Revolut alternative today
So if you're looking for alternatives to Revolut, Acctual is the best option. It offers smooth invoicing, payments and account integration.
If you're ready to try out the full set of features, then use the simple onboarding to create an account in just two minutes.
For small, growing and large businesses, Acctual has everything you need for global transactions in both fiat and crypto, so you can focus on business growth rather than the burden of account reconciliation and chasing invoices.
Revolut alternatives
Revolut has become a leading name in the Fintech industry since its groundbreaking launch in 2015.
For a decade, it led the way in offering digital multi currency accounts for individuals and businesses.
Despite its popularity, there’s a growing trend of discontented users. In fact, thousands of people every month are searching for Revolut alternatives and apps like Revolut.
Particularly for businesses, Revolut isn’t meeting the demands of the most forward thinking and successful organizations.
So if you’re weighing up Revolut against the alternatives, below you’ll get a breakdown on the options available, including key features, pros and cons.
And you’ll learn where Revolut fails, competitors like Acctual provide global payments, in built invoicing and ERP integrations for fees that drop below 1%.
What is Revolut?
Revolut is a UK based fintech and neobank that now operates globally. It was launched in July 2015 by Nikolai Storonsky and Vlad Yatsenko. Over the next decade, it grew to operate in more than 48 countries with over 50 million customers globally.
The banking app has become one of the most well known names in the Fintech industry. Its ability to let users spend money abroad with attractive foreign exchange rates has led to a company valuation of $45+ billion. That makes it the most valuable private tech company in Europe, with profits growing to $1.4 billion annually.
In recent years, it's also offered business banking and integrations such as invoicing, which suit individual and startup type businesses. Its popularity is largely down to its ease of use, allowing users to simply download a smartphone app, order a payment card and start using the platform.
The leading feature is the multi currency account setup, where users can open accounts in dozens of different countries and easily switch funds between accounts. Adding to this, the payment card allows people to spend these funds directly from their account for highly attractive FX fees.
While the business accounts are easy to use, much of the functionality for Revolut has moved towards foreign exchange services, stock and even cryptocurrency trading features.
No doubt, these are cool features, but they don't solve several banking problems that most businesses face, particularly when it comes to cross border transactions.
The problems with Revolut for business
Currency management: Having to manage multi currency accounts for cross border payments adds an extra administrative burden and risk for organizations. For example, do you have the processes in place to manage multi currency accounts in over 30 different currencies? It's comprehensive but requires balancing market rates and holding enough funds in each account to meet your various commitments around the world.
Complex fees: The tiered subscription models available also make it hard to decide which model is best for your business. There's Standard, Plus, Premium and Metal, all with varying benefits. As the benefits become more rewarding, the monthly fees also add up. These complex pricing structures can lead to businesses overpaying for features they don't really need and still missing important functionality.
Basic invoicing: There are also limited invoicing capabilities, which creates a really critical gap between the high level of invoice management and cash flow management that growing and international businesses seek.
Geo restrictions: There are restrictions on certain transactions and countries where you can use Revolut. Making payments into certain countries can be tricky, not ideal if you're using suppliers or employees from some developing nations.
Frozen accounts: Many customers seeking a Revolut alternative voice concerns about accounts being frozen for no reason, which has led to devastating business effects. And due to their huge global footprint, customer service is tricky, if not non existent, particularly during high volume periods.
Some users even note that because the system runs via a mobile app, if you lose access or break your mobile phone, it can be hard to contact support for your account.
All in all, businesses that use Revolut end up cobbling together multiple solutions for their banking, invoicing and accounting systems, rather than having a neat all in one solution that helps them get paid and reconcile their accounts quickly.
Next, we're going to show you a platform that:
gives you flexible international invoicing for both fiat and cryptocurrencies,
enables your customers to pay how they want while you receive funds how you want
all with built in accounting and ERP integration.
Acctual: The premier Revolut alternative
Acctual provides a flexible way to get paid in any currency. It's unmatched for versatile cross currency and cross border payments. Businesses can work in fiat to fiat payments or include crypto.
For example, a client can pay in dollars and you can be paid in crypto directly into your digital wallet, or vice versa. Your customer can pay using a stablecoin like USDC and you can receive fiat dollars straight into your bank account.
Its flexibility gets rid of payment barriers for global clients, helping you to expand your customer base. There's no need to balance multi currency accounts or work out FX rates. Instead, you can tap into economies across the world without having to worry about administering multiple financial infrastructures. Acctual can’t even lock or freeze your funds like Revolut, payments go directly to your bank account or crypto wallet.
It's a step forward for businesses operating in multiple markets who can forget the troubles of working in multiple currencies in apps like Revolut and solve the frustrations with traditional banking systems that take days to settle and lead to excruciating fees.
Acctual simplifies the payment process between clients and vendors. When it's easy for clients to pay, you get paid faster. That means improved cash flow for your business.
Simple sign up flow
Getting started with Acctual takes just two minutes. The whole process is designed to be smooth and easy. In just a couple of clicks, you can sign up with your Google account or manually with an email and secure password.
Then you can get straight into setting up your invoice, choose your payment methods and start sending and receiving payment.
To tie it all together, you can plug in your accounting platform like Xero or QuickBooks and everything's ready in just a few minutes. Acctual is ready to go with minimal effort and minimal time. You can start issuing invoices and everything smoothly integrates your data for synchronization across all your systems.
Your accounting team will thank you. You'll love getting rid of manual entry and human error.
Powerful invoice creation
Where Acctual really stands out as the best alternative to Revolut is the invoicing tool. The inbuilt invoice creation tool is 100% flexible. Whether you're a small business or a large organization, you can build invoices tailored to your specific needs.
That means, like magic, invoices will reflect your brand while also making each one feel personalized for your clients. Starting at the invoice page, you can create an invoice in seconds. Enter your company email and name, followed by your client's email and name, then Acctual will go and find the billing details automatically, along with brand logos.
Even if it fails to find this information quickly, you can add the details manually using the clean user experience.
With that information defined, you can start adding your invoice details. Select the client’s currency payment methods along with the items and their price, plus any added notes and taxes you need to include. Then add how you like to get paid, whether that's your fiat bank account or connecting your crypto wallet.
With everything ready to go, all you need to do is add the invoice terms, including the invoice number, issue date and the due date, before either sending it directly to a client or downloading it to send manually.
You'll be surprised how fast it is, with most users creating their first invoice in less than five minutes. See how quickly you can do it here with our free invoice generator tool.
Complete invoice management
Acctual isn't just about sending invoices. It has complete management for your payment workflow. Once an invoice is sent, you have every option you need to manage your payments. If a client misses their invoice due date, you can quickly resend the invoice from the unpaid tab or even just send a payment link to gently nudge a client to complete payment.
Once paid, the invoice is marked paid automatically. Or for manual payments, you can change the status yourself, choosing between crypto and fiat, the paid date and even include the link to the transaction for crypto payments.
If you need to reissue an invoice or cancel a payment, then you can void it easily, too and include a memo with the reasoning for the cancellation.
Bill payment
Unfortunately, business isn't just about getting paid… you'll likely have other bills to keep on top of. And if you feel like you're paying bills every day but apps similar to Revolut aren’t helping, then Acctual has you covered
You can create and pay bills directly from your crypto wallet. From the bills page, you can click "Add Bill" or even just forward invoices to bills@ap.acctual.com from your account email address.
Optical Character Recognition (OCR) helps to automatically fill in all the necessary fields from an uploaded invoice. This includes vendor, invoice number, invoice date, due date and amount. You can also add GL categories, memos, methods like assets or chains to the payee, including the vendor's crypto wallet address.
Once saved, the bill is ready for payment. Simply click "Continue to Pay," connect up your crypto wallet and pay the bill in your preferred asset. It's a truly unique function to Acctual that lets you pay your bills using crypto. The payee receives the money directly into their bank account or crypto wallet. All taken care of automatically.
After payment completion, you'll have the bill entered into your accounting system like Xero or QuickBooks, for painless reconciliation.
Fund transfers
For complete treasury management, Acctual also helps you move funds across bank accounts and chains. That means you can make transfers from one crypto wallet to another or between fiat and crypto.
The transfers feature allows you to move stablecoins across chains. For example, bridging USDC from Ethereum to Polygon or instantly converting bank deposits into cryptocurrency.
It's not just a crypto on ramp either; you can cash out your crypto by withdrawing directly to your bank account. It's a straightforward process where you select your funding source, select your destination, add the amount and confirm the transfer.
Along the way, you can track payment and transfer status in the transfers tab. So you will always see where your money is at any given time.
Made for teams
Modern businesses can grow at an exceptional rate. This means you need systems that can cope with these flexing workforces. Acctual has team collaboration built into its fabric.
You can easily invite team members to your accounts using the invite function and send a link direct to their email address. Plus, if anyone misses an invite, you can quickly resend it without having to deal with multiple password resets or duplicate accounts.
As an admin, you'll have complete control over personal access, a two fold benefit that allows you to protect sensitive data and manage your team without complex password management.
Contact management
With invoices and bills flying in and out of your company every day, having a centralized hub for all your payment relationships is critical. It provides a single source of truth for contact information, helping to reduce duplicate records and payment information mistakes.
The result improves client communication and with accurate payment details, it means you'll get paid faster and more consistently. There's no more back and forth confirming bank details or errors in adding client details correctly.
It's another layer of automation and efficiency in your processes. Once you've quickly added a new contact to your database, everything links to your invoicing, billing and even your accounting system. It becomes easy to send invoices and pay your bills.
Free invoice generator
If you just want to start trying out Acctual without taking two minutes to set up a new account, then you can use the free invoice generator tool. In a couple of minutes, you can create invoices quickly without needing an account.
You can enjoy all the benefits of Acctual, including crypto and fiat payments that allow your client to pay how they want and you get paid how you prefer. It's modern invoicing available to everyone.
If you need to send an invoice today, then you could have it ready in less time than it takes to make a cup of coffee.
Multi signature payments
If you're working with cryptocurrency in your organization, then security is paramount. Any mistakes can lead to devastating, unrecoverable losses. Once you make a payment in cryptocurrency, it can't be recovered. The coins will be sent over the blockchain to the recipient's wallet and you're at their mercy as to whether it will be refunded.
It leaves you open to misuse from employees and those with wallet access. It's exactly the reason why Acctual offers multi sig payments.
Once a payment is ready to be made, you can pay it using Safe. Simply connect up your crypto wallet like MetaMask and you'll see a notice saying "Safe wallet connected."
Then, if you require multiple signatures, the bill will alert you that it is awaiting signatures. Other signatories can log in and sign the bill from Acctual or the Safe app. You can also use this feature for batch paying bills.
So you can enjoy complete efficiency, paying multiple bills. A handy feature if you're using crypto payroll to compensate dozens of employees in one go.
How to choose the right payment software
When you're looking for an alternative to Revolut, there are several factors you need to consider. Naturally, there are the frustrations you're trying to solve by looking for Revolut competitors. But along with this, there are other factors to consider:
1. Fees and pricing
Acctual provides a transparent pricing system. It's completely transparent, so you always know how much you're paying. It's a simple 1% fee for its flexible payment options, no matter how you want to get paid. So you won't find hidden fees if you want to get paid in stablecoins, but your customer wants to pay in fiat.
In short, it ensures your money arrives where it needs to with minimum fees.
Before you choose your payment and invoicing software, be sure to check the full pricing structure. It's an essential comparison between platforms. It’s frustrating to spend time setting up and verifying an account only to realize the features you need incur added payments or have a 3% charge on your invoice payments.
2. Security and compliance
Security is everything for your finances. If you're at risk of having your crypto stolen or your bank payments frozen, then it can be devastating for your business. Cash flow is king when it comes to maintaining and growing a business. So any delays or freezes can be devastating.
With that in mind, you should be choosing a provider that is compliant to regulations in the countries you're operating in, including restrictions such as OFAC list checks for embargoed countries. Acctual takes all of this with the utmost importance. Financial data is protected and adheres to regulatory requirements.
This means money moves with minimal holdups and reduces the risk of any legal issues. Plus, for crypto payments, there is direct multi sig integration with Safe, while KYC verification is carried out where necessary in the payment process.
3. Account verification
Any legitimate financial organization should include Know Your Customer (KYC) and Anti Money Laundering (AML) practices. When signing up, you should check that you have the required documentation in your jurisdiction to create and validate a verified account.
Some organizations can be slow to verify accounts, which can sometimes take days. This is frustrating when you need to get your money moving. With Acctual, you can have a verified account in minutes, all adhering to strict KYC guidelines, so you can accept fiat and crypto payments while remaining compliant and protected from fraud.
Plus, adding to this, all your data is stored with leading industry encryption and protocols. And if you're waiting for KYC verification, you can still get going by creating an invoice, so you're ready to go once approved.
4. Geographic restrictions
Many banks like Revolut have limited reach into many countries around the world. For example, Revolut in particular has restrictions around the Middle East, Africa and even some European countries.
Where competitors similar to Revolut fall down, Acctual is available in most countries across the world. But you're also protected against making payments to countries with OFAC sanctions, so you don't get caught with penalties for making illegal payments.
Try the top Revolut alternative today
So if you're looking for alternatives to Revolut, Acctual is the best option. It offers smooth invoicing, payments and account integration.
If you're ready to try out the full set of features, then use the simple onboarding to create an account in just two minutes.
For small, growing and large businesses, Acctual has everything you need for global transactions in both fiat and crypto, so you can focus on business growth rather than the burden of account reconciliation and chasing invoices.
Revolut alternatives
Revolut has become a leading name in the Fintech industry since its groundbreaking launch in 2015.
For a decade, it led the way in offering digital multi currency accounts for individuals and businesses.
Despite its popularity, there’s a growing trend of discontented users. In fact, thousands of people every month are searching for Revolut alternatives and apps like Revolut.
Particularly for businesses, Revolut isn’t meeting the demands of the most forward thinking and successful organizations.
So if you’re weighing up Revolut against the alternatives, below you’ll get a breakdown on the options available, including key features, pros and cons.
And you’ll learn where Revolut fails, competitors like Acctual provide global payments, in built invoicing and ERP integrations for fees that drop below 1%.
What is Revolut?
Revolut is a UK based fintech and neobank that now operates globally. It was launched in July 2015 by Nikolai Storonsky and Vlad Yatsenko. Over the next decade, it grew to operate in more than 48 countries with over 50 million customers globally.
The banking app has become one of the most well known names in the Fintech industry. Its ability to let users spend money abroad with attractive foreign exchange rates has led to a company valuation of $45+ billion. That makes it the most valuable private tech company in Europe, with profits growing to $1.4 billion annually.
In recent years, it's also offered business banking and integrations such as invoicing, which suit individual and startup type businesses. Its popularity is largely down to its ease of use, allowing users to simply download a smartphone app, order a payment card and start using the platform.
The leading feature is the multi currency account setup, where users can open accounts in dozens of different countries and easily switch funds between accounts. Adding to this, the payment card allows people to spend these funds directly from their account for highly attractive FX fees.
While the business accounts are easy to use, much of the functionality for Revolut has moved towards foreign exchange services, stock and even cryptocurrency trading features.
No doubt, these are cool features, but they don't solve several banking problems that most businesses face, particularly when it comes to cross border transactions.
The problems with Revolut for business
Currency management: Having to manage multi currency accounts for cross border payments adds an extra administrative burden and risk for organizations. For example, do you have the processes in place to manage multi currency accounts in over 30 different currencies? It's comprehensive but requires balancing market rates and holding enough funds in each account to meet your various commitments around the world.
Complex fees: The tiered subscription models available also make it hard to decide which model is best for your business. There's Standard, Plus, Premium and Metal, all with varying benefits. As the benefits become more rewarding, the monthly fees also add up. These complex pricing structures can lead to businesses overpaying for features they don't really need and still missing important functionality.
Basic invoicing: There are also limited invoicing capabilities, which creates a really critical gap between the high level of invoice management and cash flow management that growing and international businesses seek.
Geo restrictions: There are restrictions on certain transactions and countries where you can use Revolut. Making payments into certain countries can be tricky, not ideal if you're using suppliers or employees from some developing nations.
Frozen accounts: Many customers seeking a Revolut alternative voice concerns about accounts being frozen for no reason, which has led to devastating business effects. And due to their huge global footprint, customer service is tricky, if not non existent, particularly during high volume periods.
Some users even note that because the system runs via a mobile app, if you lose access or break your mobile phone, it can be hard to contact support for your account.
All in all, businesses that use Revolut end up cobbling together multiple solutions for their banking, invoicing and accounting systems, rather than having a neat all in one solution that helps them get paid and reconcile their accounts quickly.
Next, we're going to show you a platform that:
gives you flexible international invoicing for both fiat and cryptocurrencies,
enables your customers to pay how they want while you receive funds how you want
all with built in accounting and ERP integration.
Acctual: The premier Revolut alternative
Acctual provides a flexible way to get paid in any currency. It's unmatched for versatile cross currency and cross border payments. Businesses can work in fiat to fiat payments or include crypto.
For example, a client can pay in dollars and you can be paid in crypto directly into your digital wallet, or vice versa. Your customer can pay using a stablecoin like USDC and you can receive fiat dollars straight into your bank account.
Its flexibility gets rid of payment barriers for global clients, helping you to expand your customer base. There's no need to balance multi currency accounts or work out FX rates. Instead, you can tap into economies across the world without having to worry about administering multiple financial infrastructures. Acctual can’t even lock or freeze your funds like Revolut, payments go directly to your bank account or crypto wallet.
It's a step forward for businesses operating in multiple markets who can forget the troubles of working in multiple currencies in apps like Revolut and solve the frustrations with traditional banking systems that take days to settle and lead to excruciating fees.
Acctual simplifies the payment process between clients and vendors. When it's easy for clients to pay, you get paid faster. That means improved cash flow for your business.
Simple sign up flow
Getting started with Acctual takes just two minutes. The whole process is designed to be smooth and easy. In just a couple of clicks, you can sign up with your Google account or manually with an email and secure password.
Then you can get straight into setting up your invoice, choose your payment methods and start sending and receiving payment.
To tie it all together, you can plug in your accounting platform like Xero or QuickBooks and everything's ready in just a few minutes. Acctual is ready to go with minimal effort and minimal time. You can start issuing invoices and everything smoothly integrates your data for synchronization across all your systems.
Your accounting team will thank you. You'll love getting rid of manual entry and human error.
Powerful invoice creation
Where Acctual really stands out as the best alternative to Revolut is the invoicing tool. The inbuilt invoice creation tool is 100% flexible. Whether you're a small business or a large organization, you can build invoices tailored to your specific needs.
That means, like magic, invoices will reflect your brand while also making each one feel personalized for your clients. Starting at the invoice page, you can create an invoice in seconds. Enter your company email and name, followed by your client's email and name, then Acctual will go and find the billing details automatically, along with brand logos.
Even if it fails to find this information quickly, you can add the details manually using the clean user experience.
With that information defined, you can start adding your invoice details. Select the client’s currency payment methods along with the items and their price, plus any added notes and taxes you need to include. Then add how you like to get paid, whether that's your fiat bank account or connecting your crypto wallet.
With everything ready to go, all you need to do is add the invoice terms, including the invoice number, issue date and the due date, before either sending it directly to a client or downloading it to send manually.
You'll be surprised how fast it is, with most users creating their first invoice in less than five minutes. See how quickly you can do it here with our free invoice generator tool.
Complete invoice management
Acctual isn't just about sending invoices. It has complete management for your payment workflow. Once an invoice is sent, you have every option you need to manage your payments. If a client misses their invoice due date, you can quickly resend the invoice from the unpaid tab or even just send a payment link to gently nudge a client to complete payment.
Once paid, the invoice is marked paid automatically. Or for manual payments, you can change the status yourself, choosing between crypto and fiat, the paid date and even include the link to the transaction for crypto payments.
If you need to reissue an invoice or cancel a payment, then you can void it easily, too and include a memo with the reasoning for the cancellation.
Bill payment
Unfortunately, business isn't just about getting paid… you'll likely have other bills to keep on top of. And if you feel like you're paying bills every day but apps similar to Revolut aren’t helping, then Acctual has you covered
You can create and pay bills directly from your crypto wallet. From the bills page, you can click "Add Bill" or even just forward invoices to bills@ap.acctual.com from your account email address.
Optical Character Recognition (OCR) helps to automatically fill in all the necessary fields from an uploaded invoice. This includes vendor, invoice number, invoice date, due date and amount. You can also add GL categories, memos, methods like assets or chains to the payee, including the vendor's crypto wallet address.
Once saved, the bill is ready for payment. Simply click "Continue to Pay," connect up your crypto wallet and pay the bill in your preferred asset. It's a truly unique function to Acctual that lets you pay your bills using crypto. The payee receives the money directly into their bank account or crypto wallet. All taken care of automatically.
After payment completion, you'll have the bill entered into your accounting system like Xero or QuickBooks, for painless reconciliation.
Fund transfers
For complete treasury management, Acctual also helps you move funds across bank accounts and chains. That means you can make transfers from one crypto wallet to another or between fiat and crypto.
The transfers feature allows you to move stablecoins across chains. For example, bridging USDC from Ethereum to Polygon or instantly converting bank deposits into cryptocurrency.
It's not just a crypto on ramp either; you can cash out your crypto by withdrawing directly to your bank account. It's a straightforward process where you select your funding source, select your destination, add the amount and confirm the transfer.
Along the way, you can track payment and transfer status in the transfers tab. So you will always see where your money is at any given time.
Made for teams
Modern businesses can grow at an exceptional rate. This means you need systems that can cope with these flexing workforces. Acctual has team collaboration built into its fabric.
You can easily invite team members to your accounts using the invite function and send a link direct to their email address. Plus, if anyone misses an invite, you can quickly resend it without having to deal with multiple password resets or duplicate accounts.
As an admin, you'll have complete control over personal access, a two fold benefit that allows you to protect sensitive data and manage your team without complex password management.
Contact management
With invoices and bills flying in and out of your company every day, having a centralized hub for all your payment relationships is critical. It provides a single source of truth for contact information, helping to reduce duplicate records and payment information mistakes.
The result improves client communication and with accurate payment details, it means you'll get paid faster and more consistently. There's no more back and forth confirming bank details or errors in adding client details correctly.
It's another layer of automation and efficiency in your processes. Once you've quickly added a new contact to your database, everything links to your invoicing, billing and even your accounting system. It becomes easy to send invoices and pay your bills.
Free invoice generator
If you just want to start trying out Acctual without taking two minutes to set up a new account, then you can use the free invoice generator tool. In a couple of minutes, you can create invoices quickly without needing an account.
You can enjoy all the benefits of Acctual, including crypto and fiat payments that allow your client to pay how they want and you get paid how you prefer. It's modern invoicing available to everyone.
If you need to send an invoice today, then you could have it ready in less time than it takes to make a cup of coffee.
Multi signature payments
If you're working with cryptocurrency in your organization, then security is paramount. Any mistakes can lead to devastating, unrecoverable losses. Once you make a payment in cryptocurrency, it can't be recovered. The coins will be sent over the blockchain to the recipient's wallet and you're at their mercy as to whether it will be refunded.
It leaves you open to misuse from employees and those with wallet access. It's exactly the reason why Acctual offers multi sig payments.
Once a payment is ready to be made, you can pay it using Safe. Simply connect up your crypto wallet like MetaMask and you'll see a notice saying "Safe wallet connected."
Then, if you require multiple signatures, the bill will alert you that it is awaiting signatures. Other signatories can log in and sign the bill from Acctual or the Safe app. You can also use this feature for batch paying bills.
So you can enjoy complete efficiency, paying multiple bills. A handy feature if you're using crypto payroll to compensate dozens of employees in one go.
How to choose the right payment software
When you're looking for an alternative to Revolut, there are several factors you need to consider. Naturally, there are the frustrations you're trying to solve by looking for Revolut competitors. But along with this, there are other factors to consider:
1. Fees and pricing
Acctual provides a transparent pricing system. It's completely transparent, so you always know how much you're paying. It's a simple 1% fee for its flexible payment options, no matter how you want to get paid. So you won't find hidden fees if you want to get paid in stablecoins, but your customer wants to pay in fiat.
In short, it ensures your money arrives where it needs to with minimum fees.
Before you choose your payment and invoicing software, be sure to check the full pricing structure. It's an essential comparison between platforms. It’s frustrating to spend time setting up and verifying an account only to realize the features you need incur added payments or have a 3% charge on your invoice payments.
2. Security and compliance
Security is everything for your finances. If you're at risk of having your crypto stolen or your bank payments frozen, then it can be devastating for your business. Cash flow is king when it comes to maintaining and growing a business. So any delays or freezes can be devastating.
With that in mind, you should be choosing a provider that is compliant to regulations in the countries you're operating in, including restrictions such as OFAC list checks for embargoed countries. Acctual takes all of this with the utmost importance. Financial data is protected and adheres to regulatory requirements.
This means money moves with minimal holdups and reduces the risk of any legal issues. Plus, for crypto payments, there is direct multi sig integration with Safe, while KYC verification is carried out where necessary in the payment process.
3. Account verification
Any legitimate financial organization should include Know Your Customer (KYC) and Anti Money Laundering (AML) practices. When signing up, you should check that you have the required documentation in your jurisdiction to create and validate a verified account.
Some organizations can be slow to verify accounts, which can sometimes take days. This is frustrating when you need to get your money moving. With Acctual, you can have a verified account in minutes, all adhering to strict KYC guidelines, so you can accept fiat and crypto payments while remaining compliant and protected from fraud.
Plus, adding to this, all your data is stored with leading industry encryption and protocols. And if you're waiting for KYC verification, you can still get going by creating an invoice, so you're ready to go once approved.
4. Geographic restrictions
Many banks like Revolut have limited reach into many countries around the world. For example, Revolut in particular has restrictions around the Middle East, Africa and even some European countries.
Where competitors similar to Revolut fall down, Acctual is available in most countries across the world. But you're also protected against making payments to countries with OFAC sanctions, so you don't get caught with penalties for making illegal payments.
Try the top Revolut alternative today
So if you're looking for alternatives to Revolut, Acctual is the best option. It offers smooth invoicing, payments and account integration.
If you're ready to try out the full set of features, then use the simple onboarding to create an account in just two minutes.
For small, growing and large businesses, Acctual has everything you need for global transactions in both fiat and crypto, so you can focus on business growth rather than the burden of account reconciliation and chasing invoices.
Blog
Love you, pay me
Get paid “same day” by sending customers the most flexible invoice on the planet.
Love you, pay me
Get paid “same day” by sending customers the most flexible invoice on the planet.
Love you, pay me
Get paid “same day” by sending customers the most flexible invoice on the planet.
Love you, pay me
Get paid “same day” by sending customers the most flexible invoice on the planet.
