Snapchat is a popular messaging app that lets users exchange pictures and videos (called snaps) that are meant to disappear after they're viewed.
Revolut is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange.Revolut Integrations
It's easy to connect Snapchat + Revolut without coding knowledge. Start creating your own business flow.
Snapchat is a social media platform which was developed by a group of students from Stanford University in 2011. Snapchat has over 150 million daily users, and is the third most popular social media site in the world. Due to its popularity and easy to use interface, Snapchat has become a preferred social media site for younger generations. Snapchat is an extremely simple app; it enables the user to send images or videos to their friends or family known as ‘friends’ which can be viewed once and then deleted after a few seconds. The user can add text, stickers, effects or drawings to the picture/video before sending it off to their ‘friends’. The feature which is most distinctive of Snapchat is that the user can send pictures/videos without the knowledge of the receiver. The image can only be viewed for a short amount of time, between 1-10 seconds before disappearing forever. This distinctive feature means only the sender and receiver know about the content of the image. This facility has contributed to growing the enormous success of Snapchat.
Revput is an online banking service which was founded in 2015 by Russian entrepreneur, Nikpay Storonsky. Revput allows users to open bank accounts with a virtual card and sends money instantly from one country to another at a low cost, which is much lower than traditional banks. Revput is also linked to a users current bank account in order to make payments with ease. Revput also offers currency exchange on the app at the best rates possible. Revput has a number of advantages over traditional banks such as no fees for spending abroad, free ATM withdrawals and no charges for card payments. With these features Revput is well on its way to becoming a major competitor to traditional banking services.
The integration of Snapchat and Revput will allow users to link their Revput account to their Snapchat account using OAuth. Snapchat will provide OAuth access to their API for developers. This will allow developers to integrate different services with Snapchat. The integration of Snapchat and Revput will enable users to transfer money instantly from one country to another, all this is done through the Snapchat app, there are no direct links to Revput in the app. Users will also be able to pay for items using available currencies on their account balance by using their Revput account. For example, if a user has £1000 available on their Revput account they can buy food for themselves and friends using their phone instead of cash or cards. This integration will be beneficial to both parties because it increases the number of users on their respective apps.
The integration of Snapchat and Revput will help both companies gain more users and revenue. Users will be able to pay for items using their Revput account, this will increase revenue for both companies because more users will mean more transactions processed by each company. Furthermore this integration will be beneficial for both companies because they will attract new customers who have not used either service before and are unaware of either service. This integration will allow both companies to compete with other large companies such as PayPal and Transferwise who offer a similar service, but don’t offer such a unique feature as being able to transfer money using Snapchat. This would mean that both companies would be able to sell more product/services due to the high competition within the industry as a whpe, because there are many big name competitors selling similar products and services. This would also help get rid of some of the negative stigma around cryptocurrencies such as Bitcoin which have been linked with cybercrime, so by linking cryptocurrencies with something fun like Snapchat could increase the number of people willing to invest in cryptocurrencies in the future.
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