PrimeTel and Revolut team up to help Cypriot consumers connect to a world of unlimited digital capabilities

    June 13, 2018 Press Releases 0 comments

    PrimeTel, one of the leading and fastest growing Telecom providers in Cyprus, have teamed up with Revolut, Europe’s newest Digital Bank Unicorn, to help Cypriot consumers connect to a world of unlimited digital capabilities by leveraging technology, connectivity and software to improve their lifestyle.

    The two innovative challenger brands announced today the availability of a new PrimeTel Revolut co-branded contactless VISA card that comes packed with a host of features to make managing your money easier and more secure, while offering a range of unique benefits and exciting rewards to all new and existing PrimeTel subscribers that sign up.

    Jamie Devlin, European Business Development at Revolut said: “We are excited to work with PrimeTel as one of our co-brand launch partners in Cyprus. Our partnership will enable Primetel customers to access all the market leading services that Revolut offers, as well as a range of rewards and local discounts”

    Theodosis Theodosiou, Chief Commercial Officer at PrimeTel said: “The move is connected to Primetel’s continued investment in our loyalty and technology platforms. We are excited to cooperate with one of Europe’s most progressive startups and be able to bring all the benefits of the Revolut card to PrimeTel’s customers”.

    Rewards

    The PrimeTel Revolut Prepaid Visa Card is the only prepaid card in Cyprus that rewards consumers with a Free Mb every month, addressing their increasing needs for mobile internet. 1 GB mobile internet for Free upon card activation and extra Free MBs with every purchase, every month!

    Unique features

    Revolut allows you to transfer money abroad for free, making international money transfers up to 10x cheaper. It is also the perfect travel companion, allowing you to spend fee-free with the real exchange rate in 25 currencies and get Free ATM withdrawals of up to €200 per month while abroad. You can also Buy, hold and exchange crypto currency including Bitcoin, Ether and Litecoin at the best possible exchange rate. Revolut offers a financial marketplace of essential services such as Pay-per-Day Geolocation Travel Insurance and great value Mobile Insurance that helps you protect your phone from only €1,11/ week.

    Security and control

    PrimeTel Revolut Visa Card holds a number of next-generation security features. The ability to immediately freeze or unfreeze the card in the app if it’s been misplaced, lost or stolen, and the option to fully customise the security settings by turning online, ATM and contactless payments on or off. Customers can also carry out secure purchases at all businesses and/or electronic shops (e-shops) featuring the Visa logo. The app allows customers to receive instant payment notifications and view easy to understand analytics that automatically categorise transactions so customers can plan ahead and stay within their budget.

    Offers and Discounts

    Alongside the great rewards, PrimeTel Revolut card holders can also enjoy exclusive discounts at selected locations around Cyprus including popular cafes, restaurants and cinemas.

     

    ABOUT REVOLUT

    Revolut launched in July 2015 with a punchy mission: to turn the financial banking sector on its head. With Revolut, users can set up an app-based current account in 60 seconds, spend abroad in over 150 currencies with no fees, hold and exchange 25 currencies in-app and send free domestic and international money transfers with the real exchange rate.

    Since July 2015, London-based Revolut has signed up over 2 million customers across Europe and processed 100 million transactions with a total volume transaction of $16 billion to date. Revolut has raised a total of $336m from some of the most notable investors including Index Ventures, Balderton Capital, Ribbit Capital and DST Global.