Revolut Launches Payment Feature to Compete With PayPal, Apple

Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.

Revolut Pay has signed up retailers including Shopify Inc., Prestashop, WH Smith Plc and Funky Pigeon, and will be available within the airline industry in the coming months, according to a statement from the London-based fintech.

Thibaut Genevrier, head of merchant acquiring, said in an interview from New York that Revolut Pay was a sign the firm has reached “critical mass,” having branched out from its original prepaid card into a range of financial services for both ...