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PhonePe vs Revolut

PhonePe and Revolut are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on PhonePe and $1,000 on Revolut, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $1,000 on PhonePe and $1,000 on Revolut, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer. Only Revolut offers Debit card.
  • PhonePe is based in India, Revolut in United Kingdom.

Which should you choose?

Choose Revolut if…

  • You want to withdraw via Debit card.

Side by side

PhonePe A leading Indian payments app where users and merchants receive money via UPI and QR. Visit Revolut A financial super-app with multi-currency accounts - freelancers receive international payments and hold, exch… Visit
Type Payment receiving like Payoneer Payment receiving like Payoneer
Category Payments Payments
Vetted No No
Work from home No Yes
Fees Free UPI payments for consumers Free standard plan, ATM/FX fees beyond allowances
Withdraw via Bank account via UPI Bank transfer, Debit card
Availability India UK, Europe, US, and more
Local to India
Founded 2015 2015
Headquarters Bengaluru, India London, United Kingdom
Popularity 43 views · 0 likes 42 views · 0 likes

Frequently asked questions

Which is cheaper, PhonePe or Revolut?

On a $1,000 payment you keep about $1,000 on PhonePe and $1,000 on Revolut, before withdrawal or currency-conversion costs.

Where are PhonePe and Revolut available?

PhonePe: India. Revolut: UK, Europe, US, and more.

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