Revolut becomes the first financial institution in Australia to offer eSIMs to customers

Revolut becomes the first financial institution in Australia to offer eSIMs to customers

Global financial app Revolut has become the first financial institution in Australia to offer eSIMs and global data plans to its customers. Revolut eSIM allows customers to get mobile data abroad, and stay connected without unexpected roaming charges and interruptions.

Revolut customers on eSIM compatible devices will have access to the eSIM, regardless of their Revolut plan. Once installed, customers will be able to top up data wherever they go  – without any need for a physical SIM. Connecting the eSIM enables customers to use the Revolut app without using up their mobile data allowance – so if a Revolut customer lands in a country and doesn’t have data access, they can still access their Revolut app and use all the products and features, including topping up their data.

Approximately 7.27 million Australian residents travelled from Australia overseas in the year ended June 2023, up from around 1.39 million in the previous year. Moreover, the cost of using mobile data overseas has increased in recent years, with Australians spending approximately $1.4 billion on international roaming fees annually. A recent survey revealed that five million Australians have paid international roaming charges, averaging $290 per person. With many travellers reporting bills exceeding $1,000, the need for a cost-effective solution has never been more critical.

Sam Roberts, Head of Product at Revolut Australia, commented, “At Revolut, we harness technology to simplify our customers’ lives, and that’s precisely what our eSIM accomplishes. It 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, Belgium 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 internationally.”

The launch of eSIM ensures travellers are supported by Revolut from the very beginning of their trip through to the very end. With Revolut eSIM, customers no longer have to worry about extortionate roaming charges.