What does this mean?
Revolut might join Zippay
- Thread starter ClubMan
- Start date
It can be generated from the gps location.
Bit like we do now when we send some a pin from location from Google Maps. That's a bit like how Loc8 worked. In my head its like a tinyURL for GPS.
AI has a better summary.
Anyway its ancient history. Eircode works ok. We can now use other systems like google maps for the bits it can't do. Many apps can use Google maps for finding things.
Zippy will have its place with people who want to say within the traditional banks.
financefeeds.com
Irish Banks Launch Zippay To Challenge Revolut - FinanceFeeds
Three of Ireland’s biggest lenders — AIB, Bank of Ireland, and PTSB — announced plans to launch Zippay, a peer-to-peer (P2P) payments service, in early 2026.
financefeeds.com
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Yes, I'm worried what will happen when my discman packs in.
It means there isn't a big list of postcodes started somewhere. There's an algorithm that converts latitude and longitude to an easily remembered code and vice versa
You had me excited for a new minidisc discman.....
Had a lunch yesterday with 10 people, Gen Z to Boomer. Bill paid by Revolut and individual splits sent using the RevTag/QR code. Interestingly it was just assumed that Revolut would be used, no one questioned if a different method could be used. Its ubiquitous now.
It's entered the lexicon: "Can you revolut me the money for dinner"
"Can you google that, whatsapp me the details"
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What was the scope for eircodes project. Find things or unique ID for properties?
Remember when Halo had achieved that…
Uber have it. We got an Uber home.
Although if I remember correctly it was more Halo me a taxi vs we got a Halo home.
Zippay will certainly be used a lot, no question.
It's just not a Revolut killer like some might think. Anyone needing to do quick transfers without knowing IBANs have been installing Revolut over the past 10 years, everyone knows it, and it most cases already have it and know their way around it better than the legacy banking apps.
Much quicker and modern interface than the BOI/AIB apps too. (no endless pin entry and swipe to confirm-ing)
Remember Revolut was first to offer connection to Google/Apple Pay also. BOI/AIB/PTSB added that soon enough afterwards, but it didn't have much impact on Revolut market share. Tapping to pay with your phone was thought of as "Revolut" by many people for a long time.
It's just not a Revolut killer like some might think. Anyone needing to do quick transfers without knowing IBANs have been installing Revolut over the past 10 years, everyone knows it, and it most cases already have it and know their way around it better than the legacy banking apps.
Much quicker and modern interface than the BOI/AIB apps too. (no endless pin entry and swipe to confirm-ing)
Remember Revolut was first to offer connection to Google/Apple Pay also. BOI/AIB/PTSB added that soon enough afterwards, but it didn't have much impact on Revolut market share. Tapping to pay with your phone was thought of as "Revolut" by many people for a long time.
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One other bit of info which is very much on-topic I think:
In the five countries which have their own Zippay-like app across banks and also have Revolut registered as a fully licensed bank within that country (France, Spain, Italy, Romania, Poland), Revolut are not a member of those systems, you can't link your domestic Revolut IBAN to those systems.
I don't know if that's because of Revolut opting out, or the legacy banks not letting them in.
In the five countries which have their own Zippay-like app across banks and also have Revolut registered as a fully licensed bank within that country (France, Spain, Italy, Romania, Poland), Revolut are not a member of those systems, you can't link your domestic Revolut IBAN to those systems.
I don't know if that's because of Revolut opting out, or the legacy banks not letting them in.