The way Revuto works is that we create a single VDC (virtual debit card) for each of your subscriptions; one subscription - one VDC.
The way it works for a free trial: you simply insert it as the method of payment.
The way it works for an existing service: you will need to change your card, the same way you would change it if your card expired.
Each month, you will receive a push notification asking you, do you want to Block, Snooze or Approve a payment for e.g. Netflix?
Block: If you Block a service, it will be suspended and you will not be able to use it for the following month. What the service provider e.g. Netflix will see is an empty VDC that has insufficient funds for this month and will simply disable access until the next billing cycle when the question will be repeated.
Please bear in mind that you won’t be unsubscribed nor will you be punished: these are prepaid services without a contractual obligation; your penalty will be not to have access to the service until they will try to seek funds for the month after.
15 sec demo video: https://www.youtube.com/watch?v=q5xbWwOSERk
Approve: If you Approve a service, your VDC will be topped up and e.g. Netflix will see the exact amount of money required for the service.
You will pay and be able to enjoy the service seamlessly.
15 sec demo video: https://www.youtube.com/watch?v=yIttttH4AMM
Snooze: If you click Snooze, you will simply postpone this decision for several hours or days. This will activate the so-called “Grace period” - time amount each service provider gives to users before they suspend the service; for some it is 0 and for others it can be up to a few days.
After that ends, you will have to decide if you Block or Approve the request.
15 sec demo video: https://www.youtube.com/watch?v=-CmmGxOWl1E
REVU: What REVU tokens enable us to do, is to include even options to pay with crypto:
20 sec demo video: https://www.youtube.com/watch?v=kOzj5MwDM-8
cheers!
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