Wizz Air Teams Up With Revolut To Revolutionize Flight Payments

Wizz Air has unveiled a strategic partnership with fintech leader Revolut, offering over 60 million passengers a streamlined, one-click payment solution via its app. Website integration is slated for May. This collaboration marks a significant step forward in enhancing the travel experience by cutting out tedious data entry at checkout.

Seamless Transactions And Instant Rewards

Thanks to Revolut Pay, Wizz Air customers no longer need to manually enter their card details when booking flights. Instead, a simple tap on the Revolut Pay option allows passengers to complete their purchase within seconds, with secure payment authorization through a passcode or biometric verification on the Revolut app.

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As an added incentive, new Revolut users can earn up to EUR 25 after their first transaction of at least EUR 5. Beyond the convenience of quick payments, Revolut Pay also unlocks the Revolut loyalty program: passengers earn RevPoints that can be redeemed on future purchases, including Wizz Air flights. Until April 4, 2025, those using Revolut Pay enjoy a bonus—earning up to ten times the usual RevPoints, subject to terms and conditions. Notably, Wizz Air has been accepting Revolut card payments for in-flight purchases since last year.

A Strategic Boost For The Airline

Wizz Air, founded in 2003 and now one of Europe’s leading low-cost carriers, operates nearly 800 routes across Europe and beyond. This partnership not only simplifies the booking process but also enhances customer value through exclusive rewards and more cost-effective payment options.

“Partnering with Revolut allows us to offer our customers a more flexible and enhanced experience,” said Ian Malin, Chief Financial Officer at Wizz Air. “With Revolut, passengers not only access the best Wizz Air deals but also earn rewards to spend on future trips and other purchases. This gives our 62 million customers access to cutting-edge fintech solutions, ultimately driving lower air fares.”

Alex Codina, General Manager of Acquiring at Revolut, echoed this sentiment:

“We are excited to have Wizz Air on board as a Revolut Pay partner and to support them in making the customer journey as seamless and secure as possible from start to finish. In an industry where payment processes can be overly complex, our solution streamlines checkout, making travel more effortless for everyone.”

A Glimpse Into The Future Of Travel Payments

With more than 1 million global users of Revolut Pay in 2024 and over 25,000 merchants already onboard, this partnership highlights a broader trend: the future of payment is fast, secure, and frictionless. As Wizz Air and Revolut join forces, they are setting a new benchmark for the travel industry—one where technology and innovation come together to enhance every aspect of the customer experience.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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