A leading Italian mobile wallet focused on QR payments at small shops and restaurants, P2P transfers and phone top-ups, with merchant-friendly pricing. It has expanded to Germany, France and Luxembourg.
!Not a bank. Satispay operates as an Electronic Money Institution (EMI) registered with the Bank of Italy; balances are e-money; wallet balances are e-money / stored value, NOT deposits, and are outside deposit-insurance protection. Funds are safeguarded in segregated / trust accounts under the applicable rules, not covered by any deposit guarantee scheme.
Yes, for residents of Italy, Germany, Luxembourg, France and a few other European markets. You need a local mobile number plus ID/passport and tax-code verification; short-stay tourists usually cannot complete verification.
No mandatory minimum; a first top-up of EUR 10–20 is recommended｜Free for consumers; merchants pay a transaction commission.
Limits scale with verification level; unverified or low-tier accounts have weekly balance and per-payment caps, raised after full verification. Check the app. Balances are e-money and are not deposit-insured.
Yes, for residents of Italy, Germany, Luxembourg, France and a few other European markets. You need a local mobile number plus ID/passport and tax-code verification; short-stay tourists usually cannot complete verification.
Local bank account: Not required — you can top up by card; Italian users usually link an IBAN. Items typically needed: A mobile number that can receive SMS; National ID card or passport; Italian tax code (Codice Fiscale); An IBAN or bank card for top-ups.
Typically: A mobile number that can receive SMS; National ID card or passport; Italian tax code (Codice Fiscale); An IBAN or bank card for top-ups.
How to sign up: Fully online — register in the app with a mobile number, ID and IBAN/card (About 10 minutes to register; verification usually completes the same day). Steps: 1) Download Satispay and select your country 2) Enter your mobile number and confirm the SMS code 3) Fill in your name, tax code and date of birth 4) Upload your ID document for verification 5) Link an IBAN or card and make your first top-up 6) You can now pay by QR and transfer money Fees: Free for consumers; merchants pay a transaction commission.
Limits scale with verification level; unverified or low-tier accounts have weekly balance and per-payment caps, raised after full verification. Check the app. Balances are e-money and are not deposit-insured.
E-wallet rules change often — always follow the latest instructions in the official app.