PanARMENIAN.Net - In an interview with PanARMENIAN.Net Dominik Zins, Head of Revolut Lite, explains what the app is for and how customers will benefit from it. Revolut vs Revolut LiteRevolut was born in 2015 as a multi-currency account offering money transfers and exchange at competitive rates and no hidden fees, unlike many traditional banks. Revout Lite is a streamlined version of the Revolut app which can be used to send and receive money, enabling customers in Armenia to make fast, free and secure money transfers, domestically and internationally. A “taste” of Revolut in ArmeniaRevolut launched Lite in Armenia as a ‘taste’ of Revolut, built on the original strong Revolut offering around international transfers. Armenian customers can perform three different kinds of transactions:Peer-to-peer, which means from Revolut customer to Revolut customer: this is with no transfer fee.