?????? Research Essay_ The Rise of
Peer-to-Peer Transfers and Verified
Revolut Accounts
Introduction
The expansion of financial technology (fintech) has transformed how individuals and
businesses manage money. Among the leading peer-to-peer payment platforms in the
United States is Revolut, which enables instant transfers, bill payments, and even
cryptocurrency transactions. For students, freelancers, and small business owners, Revolut
provides a convenient way to manage day-to-day financial activities.
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However, access to the full range of Revolut services often requires account verification.
This paper examines the importance of verified Revolut accounts, their benefits, and their
role in supporting financial security in the digital economy.
What is a Verified Revolut Account?
Revolut accounts can be used without verification but with limited functionality. To unlock
additional features, users must complete an identity verification process that typically
requires:
●Submitting a government-issued ID.
●Linking a phone number and email address.
●Adding a valid debit card or bank account.
This process helps Revolut comply with financial regulations, reduce fraud, and enhance
security.