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The Polish Financial Supervisory Authority wants to show that she still cares about Polish customers. After the failure of Revoluta a few days ago, she issued a statement in which she drew attention to the regulator of the British financial market to increase supervision of the startup of the bank .
Cashless payments in Poland are really good. We stand out in this context of the Old Continent by making transactions without using cash three times more often than our European neighbors. We could have had the problem about it if we wanted to go shopping on foreign sites. Then Revolut came to help. The application allows you to create a virtual card and use it to perform transactions in a different currency.
After the failure of Revoluta, the spell was broken
For several months, Revolut was delighted on each side. It was easy, pleasant and safe. Unfortunately, at the moment. A few days ago, there was a serious failure. The application has collected money for the transaction, but it was rejected. Thus, the client spent the money but did not receive the goods or services for which he was paying.
Revolut was trying to save the situation by informing his clients where he could, he was aware of the problems and asked all users to use the others. Payment cards Eventually, the failure was removed. The reason was supposed to be one of the company's partners, whose services suddenly stopped working. Revolut promised a refund of money blocked within 24 hours.
The Polish Financial Supervisory Authority threatens a finger.
This failure, despite the blocking of customers' money, did not seem so terrible. Ot technical problems, after which the company returns money. This is sometimes the case, especially since virtual payment cards are just starting to crawl. Meanwhile, the attention of the Polish Financial Supervisory Authority to the whole situation. This one does not have formal reaction options. Revolut is an entity operating under a license granted by the Financial Conduct Authority of the United Kingdom.
Within the framework of the freedom to provide services of the EU and on a European passport, Revolut Ltd. is authorized to do business in the territory of the other Member States of the European Union, including Poland – reads in the statement of the PFSA
The Commission has asked its British counterpart – Financial Conduct Authority to increase banking supervision start-up, and that such situations, which occurred on July 1, be eliminated to zero
And Revolut goes better and better
[19659005] Maybe KNF is a Polish customer. Perhaps it is a manifestation of hyperactivity, after the Poles, such as Amber Gold and GetBack, found themselves spiritually on the market, and the participation of regulatory institutions these issues has been ineffective. It can now be better to blow? Even for an average cold?
Meanwhile, Revolut is improving. Established in 2013. A few weeks ago, representatives of start-ups informed that they already had 2 million customers in Europe. Poland is here for them the third market
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