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Revolut Launches Branded ATM Community in Spain – Fintech Schweiz Digital Finance Information


Revolut has launched its personal branded ATM machines in Spain.

Spain has been chosen because the pilot market, with 50 ATMs to be rolled out in Madrid and Barcelona initially.

An additional 150 machines are anticipated to be put in in different main cities equivalent to Valencia and Málaga, bringing the whole to round 200 nationwide.

These ATMs will likely be situated in high-footfall areas, and customers will have the ability to discover them through an in-app map, which incorporates location particulars, instructions, and opening occasions.

The initiative comes amid Spain’s continued reliance on money.

Revolut already has a powerful person base within the nation, with shut to five million clients utilizing options equivalent to in-house financial savings, Bizum (a well-liked native peer-to-peer cost system), and tax cost instruments.

Spain is the primary nation to obtain Revolut’s new bodily providing, with additional growth deliberate for 2026 and past in international locations together with Germany, Italy and Portugal.

Regardless of main adjustments in how individuals handle cash lately, ATM infrastructure has largely remained the identical.

Revolut says its machines are designed to supply a extra trendy, digital-first expertise, with options that enable customers to withdraw money, accumulate a brand new card, and verify their steadiness.

The machines are supposed for each locals and vacationers, providing quick service and clearer data, significantly in relation to trade charges and costs.

The transfer can be supposed to boost Revolut’s presence in bodily places, offering tangible model interplay factors in locations equivalent to journey hubs and busy city centres.

In line with the corporate, this might assist to construct belief and appeal to new clients.

For present Revolut customers, one of many key benefits is fee-free money withdrawals, together with these made internationally or throughout the EU.

Prospects withdrawing funds in a overseas forex will proceed to profit from Revolut’s trade charges.

On condition that overseas ATM utilization in Spain typically comes with excessive charges and fewer beneficial charges, this characteristic could also be of specific curiosity to travellers.

Non-Revolut customers also can use the ATMs for a aggressive charge. At launch, they are going to be topic to their financial institution’s trade fee, however Revolut plans to introduce a Dynamic Foreign money Conversion (DCC) characteristic, which might enable these customers to decide on Revolut’s real-time conversion on the level of withdrawal.

Moreover, people can join a Revolut account immediately on the ATM and obtain a bodily card instantly.

The brand new ATMs have a 32-inch touchscreen and are designed to supply a extra intuitive person expertise.

Revolut’s machines may also help contactless withdrawals through cellular wallets, eradicating the necessity for a bodily card.

Different options embody multi-language help, adjustable show settings for improved accessibility, and plans for future enhancements equivalent to facial recognition for id verification.

Revolut additionally goals to introduce help for money deposits over time.

Manjot Bhatia, Working Companion at Revolut, said:

Manjot Bhatia
Manjot Bhatia

“Launching our personal ATM community is a pivotal step in bringing Revolut’s imaginative and prescient nearer to our clients, providing a really world, seamless monetary expertise. By reimagining one of the crucial important bodily touchpoints in banking, the ATMs, we’re not simply offering smarter money entry; we’re strengthening our model presence, deepening engagement, and setting the inspiration for the subsequent section of our development throughout Europe.”

Following the launch in Spain, Revolut intends to increase the ATM community to extra European markets, relying on the result of this preliminary section.

 

Featured picture credit score: Revolut

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