Satispay
Satispay is a financial technology company offering a mobile payment app that simplifies transactions and features innovative services like meal vouchers, cashback programs, and savings tools across Italy, Luxembourg, and France.
Services
Satispay offers a range of services aimed at simplifying payments. The app allows users to send and receive money quickly and easily. It also provides a meal voucher system, accepted in over 70,000 stores across Italy, and enables users to earn cashback at participating stores. Other features include the ability to create savings goals through Money Boxes and a welcome bonus of 5€ for new users registering with a promo code. Users can pay in stores by scanning a QR code with their smartphone and exchange money directly from their contact list without needing bank details.
Products
Satispay's main product is its payment app, designed to facilitate a variety of transactions. The app supports sending and receiving money, creating savings goals via Money Boxes, and paying for meals with a smartphone-based meal voucher system. Users can also pay in stores by scanning QR codes and receive cashback at thousands of participating stores. The app offers a 5€ welcome bonus for new users who join with a promo code, and it allows for direct money exchanges from contact lists without requiring bank details.
Sector
Satispay operates within the fintech sector, focusing on electronic payments and financial technology innovation. As an Electronic Money Institution authorized and regulated by the CSSF (registration number W00000010), Satispay aims to streamline financial transactions for both consumers and businesses. The company's services target efficiency and ease of use, positioning it as a key player in the digital payment landscape.
Geographic Operations
Satispay's headquarters are located in Luxembourg, and its operations extend to Italy, Luxembourg, and France. Within Italy, the company provides a comprehensive meal voucher system used in more than 70,000 stores. Satispay is also present in thousands of locations that offer cashback opportunities and uses a network of merchants for its business platform.
Business Platform for Merchants
Satispay offers a business platform that enables merchants to accept payments with lower fees compared to traditional payment methods. This platform allows for seamless transactions using QR code scans via a smartphone. The user-friendly approach helps merchants streamline their payment processes, making it a favorable choice for businesses looking to reduce transaction costs while enhancing the customer experience.