Satispay is a mobile payment system that allows users to pay in physical and online stores, send money to friends, as well as top up phone credit; all within a few simple clicks. The app for consumers is intuitive, secure and available on Play Store, App Store and App Gallery.
The plugin allows you to accept digital payments from Satispay users in a really cheap and secure way making it the ideal solution for your business. Customers make purchases by simply scanning the QR Code generated or inserting their phone number and confirming the payment request from their smartphone. The simplified process reduces the barriers for consumers resulting in fewer abandoned carts at checkout.
In order to activate the service, you must complete the signup for Satispay Business at
https://dashboard.satispay.com/signup. Joining is free as there are no activation costs, monthly fees or deactivation charges.
The only fee is a commission of:
Secure
As an Electronic Money Institution authorized and regulated by the CSSF, Satispay adheres to elevated standards of security. In addition, having constructed a system based on the IBAN, Satispay is even more secure than traditional credit/debit cards which can be easily cloned or stolen.
Efficient
Satispay payments are executed in an instant. The system is also extremely efficient in settling payments as the funds received are deposited into your business’ bank account the following business day (T+1).
Manage reimbursement requests quickly and for free
Manage all of your refund requests directly with the Refund function integrated in the Magento back-office without incurring any additional costs. Your customers will be notified immediately with a message from their app.
Eliminate the risk of chargeback
As soon as the customer confirms the payment, the transaction is completed, thus eliminating the possibility of chargeback.