Revolut and Booking.com have announced a new global partnership aimed at simplifying travel payments through the integration of Revolut Pay into the booking platform. The development affects millions of users who rely on the popular travel marketplace, but it is also particularly relevant for property owners and alternative accommodation providers, especially those enrolled in the “Payments by Booking.com” program.
What changes for travellers
With Revolut Pay, Booking.com users can complete their payments in a single step, being redirected to the Revolut app for biometric confirmation. The service currently counts nearly 2 million monthly active users, while 9 million Revolut customers have already made purchases through Booking.com. Adding Revolut Pay to the checkout process offers a streamlined experience along with additional rewards in the form of RevPoints for those who use it.
What it means for property owners and managers
For Greek hosts participating in “Payments by Booking.com”, the practical change concerns payouts: the platform allows revenue to be disbursed either via virtual credit card (VCC) or bank transfer. In the case of transfers, hosts can provide a Revolut IBAN, an option already used by many professionals in the sector, mainly due to faster settlement times and multicurrency flexibility.
However, until now, IBANs issued to Greek users by Revolut originate from Lithuania. While this does not create an operational obstacle, it remains a point of consideration for some professionals who prefer accounts with a Greek IBAN, whether for accounting purposes or due to cooperation with local institutions.
Greek IBAN and physical branch: What’s coming
According to recent reports, Revolut is preparing to open its first physical branch in Greece in the coming months, a move that will be accompanied by issuing Greek IBANs to new customers. At the same time, existing users with Lithuanian IBANs are expected to migrate gradually to Greek ones.
If this plan is confirmed, it will have a direct impact on the short-term rental sector, as professionals will be able to receive Booking.com payouts into an account considered domestic. This will eliminate occasional concerns raised by accounting departments or partner institutions regarding “foreign IBANs”.
The bigger picture
The Revolut–Booking.com partnership fits into both companies’ strategy to simplify transactions in the travel sector. For Booking.com, integrating Revolut Business marks a shift toward more flexible payment solutions. For Revolut, the partnership strengthens its presence in a market where it already has a large customer base.
For Greek hosts, the most meaningful development is the facilitation of payment flows and the prospect of receiving payouts into a Greek IBAN, a change that could significantly streamline daily operations and accounting processes.
The coming months will show how the transition to Greek IBANs will unfold in practice and whether additional services tailored to tourism professionals will be introduced.
