Revolut “super app” introduces eSIM for roaming in +100 countries
British fintech firm Revolut has introduced a new eSIM service, enabling users to roam easily in over 100 countries.
The initiative positions Revolut as the first financial services entity in the UK to branch into telecom offerings, possibly setting a global precedent among fintech firms.
Revolut’s eSIMs, compatible with most modern Apple and Android smartphones, start at £2 for 1GB per location, with various data plans available to cater to different needs.
Starting this week, Revolut will roll out eSIMs, which are digital SIM cards that eliminate the need for a physical counterpart in devices. This service aims to simplify global data access for Revolut users, offering them an alternative to manage data usage through the app, especially useful in scenarios like running out of data upon landing in a new country.
By partnering with UK mobile network operator 1Global (formerly Truphone), a basic eSIM plan is available for those using Revolut’s app without a subscription, facilitating access for topping up phone data. Additionally, Revolut’s premium Ultra package subscribers, who pay £55 ($69.47) monthly, will benefit from 3GB of global data with monthly renewal, thus avoiding unexpected roaming charges.
“[Revolut’s eSIM] offers seamless access to mobile data, eliminating the inconvenience of high prices or the need to buy and organise a physical SIM card. Whether you are in the US, Australia or Egypt, you can effortlessly secure a data plan with just a few taps on your phone, and then instantly share those breathtaking photos of your trip with friends and family. It’s a game-changer for people who love to travel,” said Revolut’s product owner of eSIM Elyas Sadou.
The launch is a strategic move by Revolut to expand its “super app” vision, incorporating banking, currency exchange, insurance, and now telecom services, among others.
This service comes at a time when UK residents face increased mobile data roaming charges, a consequence of the UK’s departure from the EU. Revolut’s eSIM solution offers a timely alternative for users, especially frequent travelers, to maintain data connectivity without incurring high costs.
