EU
๐Ÿ‡ฎ๐Ÿ‡น Italy

Satispay

Visit Website

About Satispay

Satispay is an innovative Italian mobile payment platform that operates independently from traditional banking and card circuits, offering a simplified approach to digital payments.

Founded in 2013 by Alberto Dalmasso, Dario Brignone, and Samuele Pinta, Satispay was created to address inefficiencies in the Italian payment system. Unlike many payment apps, Satispay bypasses traditional payment networks by connecting directly to users' bank accounts through SEPA transfers, allowing it to offer merchants significantly lower transaction fees.

The platform enables various payment types including peer-to-peer transfers, in-store payments at participating merchants, bill payments, public administration fees, mobile phone top-ups, and savings management. Satispay's distinctive approach centers on simplicityโ€”users connect their bank account once, set a weekly budget, and can then make payments to friends or businesses without the complexity of traditional banking details or card information.

Satispay has achieved significant growth in Italy and has begun expanding to other European markets including Luxembourg, Germany, and France. The company's approach has been particularly successful in bringing digital payments to small merchants who previously relied on cash due to the high costs associated with card payment systems. Satispay represents a distinctly Italian contribution to fintech innovation, emphasizing accessibility and cost-effectiveness.

Ownership & Tax Information

Company Headquarters ๐Ÿ‡ฎ๐Ÿ‡น Italy