Revolut vs Paysera [2024]
Revolut and Paysera both offer international account and transfer services for individual and business customers. But which is best?
This guide covers all you need to know, including a look at the features, fees and ease of use of both Revolut vs Paysera, and a full side by side comparison.
Summary: Revolut offers full account features, including payment cards, to US customers. This means you can hold and exchange currencies, send payments and spend with your card easily. Paysera has some account features for US personal and business customers – but not all services are offered in the US. This means you can’t get a card for example.
Use this guide to weigh up each provider for the services you need, and pick which is best for you.
Revolut vs Paysera: side by side
| Feature | Revolut | Paysera |
|---|---|---|
| Monthly fee | Standard accounts have no monthly fee. Paid tiers cost up to 16.99 USD/month | No fee – 2 EUR/month fee applies to inactive accounts |
| Currencies available for holding and exchange | Available for 25 currencies | Available for 30 currencies |
| Debit card available | Y | Y – Available for EEA customers only |
| Spend with your card in | 150 currencies | Spend globally (cards can not be issued to US clients) |
| Budgeting features | Y | N |
| Investments | Y | N |
| Accounts for under 18s | Y | Y |
| Save and earn interest | Y | N |
| Fully licensed and regulated | Y | Y |
| Open a business account | Y | Y |
- Revolut accounts can hold and exchange 25+ currencies, and come with linked cards. Paysera accounts can handle around 30 currencies, but payment cards are not issued in the US
- Revolut offers no-fee and fee-paid account options, all Paysera are free to open
- Revolut account features include saving and budgeting tools – Paysera does not have this feature
- Revolut accounts come with investments and accounts for kids – Paysera does not have investments, but children over 7 years old can open an account with their parent’s permission
- Both providers are fully regulated and both provide business accounts
The important bits
| Revolut | Paysera | |
|---|---|---|
| Rates | All accounts offer some currency exchange with the Google rate, limits may apply to some account tiers | Favorable rates are available for 30 currencies – exchange rate markups may apply |
| Fees | Standard accounts have no monthly fees, paid account tiers are also available | No monthly fees – inactivity fees apply to unused accounts |
| Speed | Transfers to cards usually arrive in minutes, transfers to bank accounts take 3 – 5 business days | Transfers can arrive in 30 minutes |
| Service | Online, in app and by phone | Online, in app and by phone |
| Safety | Fully regulated and licensed | Fully regulated and licensed |
| Reviews (TrustPilot) | 4.3 out of 5 star Excellent rating, from 128,000+ reviews | 2.5 out of 5 star Poor rating, from 2,000+ reviews |
Fees: Revolut has both no-fee and fee paying accounts, Paysera has no account fees for active accounts, but does charge inactivity fees
Speed: Both providers can deposit some payments quickly – within 30 minutes. However, Revolut transfers to bank accounts may take a few days
Service: Both providers offer multilingual service in a range of languages, online, in-app and by phone.
Safety: Both providers are fully licensed and regulated
Reviews: Revout gets a 4.3 out of 5 star Excellent rating, from 128,000+ reviews, Paysera gets a 2.5 star Poor rating, but only has 2,000+ ratings added to its official profile page
Pros and cons
| Revolut | Paysera | |
|---|---|---|
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Revolut vs Paysera: The verdict
Revolut and Paysera have some similar services. However, while Revolut is fully available to US customers, Paysera has some restrictions – which means, for example, that you can’t get a payment card unless you’re EEA based.
Whether Revout or Paysera suits you will depend on what you want from your account and provider. Both have multi-currency holding account options with international payment features, but while Revolut accounts offer extras like budgeting and saving services, Paysera has fewer extras available for personal customers in the US. Where Paysera may be more interesting is if you’re looking for business services, as their range of business tools covers physical POS equipment for example, which Revolut may not be able to provide.
About Revolut and Paysera
Revolut was founded in 2015 and now has operations in large areas of the world, with both personal and business services offered in the US. Revolut accounts can be managed from an app or online, and come with linked cards for payment and withdrawals, savings features, kids accounts and more.
Hold and exchange 25+ currencies with a personal Revolut account, and send payments all over the world.
Read our Revolut Review and Revolut Business review to learn more.
Paysera is a Lithuanian company which offers services to 700,000 clients in the EEA and beyond. The services available do depend on where you’re based. European customers can usually access a full suite of services including payment cards, transfers for cash collection, and even ticket sales. However, the availability in the US is a bit more limited.
Paysera accounts can hold and exchange 30 or so currencies, with international payments available online and in-app.
How do they work?
To open an account with either Revolut or Paysera you’ll need to register online or in-app, and upload some ID as verification. Exactly what’s needed will depend a bit on the type of account you’re opening, but it’ll usually be an ID document like your passport. Once you’ve completed a few security steps your account will be opened and you can get going.
Revolut vs Paysera Fees
Revolut and Paysera have quite different fee structures, so exactly what you pay will depend on the account you select.
Revolut offers a Standard account which has no fee to pay, but also comes with fewer features, and lower levels of no-fee transactions. If you’ll use your account more frequently you can also upgrade to a Premium account for 9.99 USD/month, or the full feature Metal account for 16.99 USD/month. Both of the paying account tiers have more features like higher levels of no-fee currency exchange and travel benefits.
Both providers also have transaction fees which can vary based on the account you hold and the services you need.
Revolut vs Paysera: which is cheaper?
We mentioned both Revolut and Paysera have some transaction fees depending on how you use your account. Let’s look at international transfers as an example of how their pricing policies vary.
Revolut customers can all access some no-fee currency exchange, plus no-fee international transfers up to their plan limit. After this, fees apply when sending money overseas. Here’s a breakdown:
| Plan | No-fee currency exchange | No-fee international transfers | Fees once plan is exhausted |
|---|---|---|---|
| Standard | 1,000 USD/month | 1/month | 0.5% of value for currency exchange 0.3% of value for international transfer (capped at 6 USD) |
| Premium | 10,000 USD/month | 3/month | 0.5% of value for currency exchange 0.3% of value for international transfer (capped at 6 USD) |
| Metal | Unlimited | 5/month | 0.3% of value for international transfer (capped at 6 USD) |
Paysera has different fees based on the currency you’re transferring and the place the account holder is based. Sending USD, for example, can cost 7 EUR – 25 EUR (or currency equivalent) depending on destination. In addition, Paysera warns that extra fees may apply to both the sender and the recipient because of the way the transfer is processed.
Revolut vs Paysera: which is faster?
Transfers from Revolut to Revolut, or Paysera to Paysera are likely to be fast and could even be instant.
Generally Paysera transfers to bank accounts are also speedy, and may be there in 30 minutes or so.
If you’re making a payment with Revolut to be deposited to a debit card this can be fast – usually arriving within 30 minutes. However, Revolut payments deposited to bank accounts can take longer – 3 to 5 business days.
Ultimately, how long your payment takes will depend on a range of factors including the country and currency you’re sending to, the value of the transfer and how you fund it.
Safety
Revolut operates in the US through partnerships with local banking partners, including Community Federal Savings Bank. Revolut is also licensed to operate in a broad range of other countries and regions around the world. Read more about Revolut safety here: Is Revolut safe?
Paysera is a Lithuanian business, licensed through the Bank of Lithuania. This means it’s safe to use for the services it offers.
Ease of use
- Creating an account: Both providers allow you to set up an account online or in-app
- Making a transfer: Pay for your transfer usinga bank transfer or card with both Paysera and Revolut
- Ways to send money: Revolut payments are deposited direct to bank accounts or debit cards for convenience, US Paysera customers can send payments to bank accounts
- Languages: Revolut and Paysera offer support in a selection of global languages
- Minimum & maximum amounts: Revolut payments are usually unlimited. Paysera transfers can have some limits, which vary based on the currency you’re sending and the country the account is based in
Supported currencies
Revolut accounts can hold and exchange 25+ currencies. Paysera accounts can hold and exchange 30 currencies.
Related: Alternatives to Revolut
Paysera vs Revolut conclusion: Which is better?
Whether Revolut or Paysera is best for you will depend on what you want from your account.
Revolut offers both no-fee standard accounts and higher tier options which have fees but also more features. Importantly, Revolut customers in the US can get linked payment cards which aren’t available from Paysera. This may mean Revolut wins for you if you’re looking for a flexible digital multi-currency account you can use when you travel or shop online with international retailers.
Paysera has no account fees, and can support more currencies than Revolut. If you’re looking for an account to make EUR payments in particular, it may be a strong contender.
Check out both providers to see which suits you best.
Paysera vs Revolut FAQs
Is Revolut or Paysera cheaper?
Both providers have no-fee account options where all you’ll need to pay are transaction fees based on how you use your account. Revolut accounts come with some no-fee transactions, including no-fee currency exchange, which can be handy if you’re sending or spending money overseas.
Is Revolut or Paysera faster?
Paysera transfers may arrive within 30 minutes. Revolut payments sent to debit cards can also be deposited in 30 minutes or so – but bank transfers might take longer.
How many currencies do Revolut and Paysera support?
Revolut accounts can hold and exchange 25+ currencies. Paysera accounts can hold and exchange 30 currencies.
