Digital payments: apps, systems, comparison, costs and commissions

Digital payments

PayPal, Garmin Pay, Fitbit Pay, Satispay, Hype, Apple Pay, Google Pay, Samsung Pay is some of the solutions to consider

Originally there was only almost exclusively PayPal, a popular platform for digital payments, available in about 200 markets with over 300 million users. It is an online account, which can be recharged by bank transfer or by credit card. In May it launched its mobile payment service for shops and supermarkets with commissions for those who sell will be 0.50% of the amount, plus 20 fixed cents. Bancomat Pay, on the other hand, is the possibility of using our current account to pay digitally in stores or online.

The operation changes according to the banks, but generally allows you to pay by framing the QR code generated by a Pos, the machine for paying with cards, with the smartphone equipped with the app. With some limits because not all shops that accept ATMs also accept Bancomat Pay, because another convention and another Pos are required. Digital payment is the secure way for your online pokies payment as well.

But then there are the payment systems of Garmin and Fitbit smartwatches or Garmin Pay and Fitbit Pay. They are similar to Apple, Samsung and Google wallets and their services are adopted by several banks. The merchant pays, on each sale, the same commission that he would pay with the cards. And, as with other wallets, it must have a Pos. Use digital payment system for your machine à sous en ligne.

From one card to another here is Satispay for payments between those who have the application. Widespread in small shops, it also has agreements with supermarket chains. For payments up to 10 euros, no commissions for merchants.

Above 10 euros, a commission of 20 cents, lower than that of cards. It relies on a pre-loaded payment account, with a maximum spending limit, which is recharged every Sunday.

Hype is the payment account combined with a virtual prepaid Mastercard card, issued by Banca Sella. In the Start version, which is free, it has a maximum annual top-up of 2,500 euros and no cost for top-ups via bank transfer. Among its functions, it gives you the possibility to send money to the contacts in your address book, or to make wire transfers or receive salary credit.

Apple Pay vs Google Pay vs Samsung Pay

Apple Pay. Only works on iPhone, iPad and Apple Watch. It does not need an app, just associate it with the wallet of the device, photographing the credit or debit card. It can be used in stores that accept contactless and online payments. It relies on many cards, not all of them; it is free for those who buy, not for those who sell: it has the same commissions as the card.

Google Pay. App that works on devices with the Android operating system and on the Wear Os smartwatch, in a similar way to Apple Pay, with Maestro, Mastercard or Visa cards, but only if issued by the banks with which Google has entered into agreements.

Samsung Pay. App downloadable on many, not all, Samsung smartphones, tablets and smartwatches; accepts Maestro, Visa, Mastercard and VPay cards if issued by banks, about fifteen, affiliated with Samsung. The features are similar to the systems of Apple and Google.

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