Satispay
Luxembourg-registered payment app from Satispay Europe S.A. that is free for individuals, with no commission on transfers between friends
Quick Overview
| Company | Satispay Europe S.A. |
|---|---|
| Category | P2P Payment Apps |
| Headquarters | Luxembourg, Luxembourg |
| Founded | Not stated |
| EU Presence | Yes - Luxembourg (EU) |
| Data Location | Not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Pay in physical stores and online, transfers between friends, investing in stocks, ETFs and funds from the app, savings piggy bank described as earning interest |
| Pricing | Free for individuals (no sign-up, management, activation or monthly fees, and no commissions on transfers between friends, per the vendor page) |
| Best For | Individuals who want a free app for paying friends and partner merchants |
| Replaces | Venmo |
Detailed Review
Satispay lists Satispay Europe S.A. at 53 Boulevard Royal, L-2449 Luxembourg, registered with the CSSF electronic money institutions register under no. W00000010 and the Luxembourg RCS under B229149.
The legal notice names three entities and does not say which one operates the consumer app. Satispay Europe S.A. is the payments entity, so we list the entity as partly verified. Facts were checked on 3 November 2026.
Cost for Individuals
The vendor page states that Satispay is free for individuals, with no sign-up, management, activation or monthly fees. The page also states there are no commissions on transfers between friends.
Paying in Stores and Online
Satispay lets users pay in physical stores and online. Payments are limited to partner merchants shown in the app, partner brands' websites and participating services.
Investing and Saving
Satispay offers investing in stocks, ETFs and investment funds from the app, and a savings piggy bank described as earning interest. These go beyond Venmo-style transfers.
Limitations to Consider
Satispay payments are limited to partner merchants in the app, partner websites and participating services. The vendor page says availability depends on the local network in the user's country. The legal notice does not say which of the three named entities runs the consumer app. Hosting is not stated on the pages we read.
Who Should Use Satispay
Individuals who want a free app for paying friends and partner merchants and are in a country where the Satispay network is present.
Pros and Cons
Pros
- Free for individuals per the vendor page
- No commission on transfers between friends
- Pay in physical stores and online
- Investing and savings inside the app
- Payments entity registered in Luxembourg with the CSSF
Cons
- Limited to partner merchants and services
- Availability depends on the local network
- Consumer app operator not named in the legal notice
- Hosting not stated on the pages we read
Alternatives to Satispay
Other European p2p payment apps worth comparing before you decide:
Wero
Belgium · Bank-to-bank transfers in seconds, by phone number
Bizum
Spain · Spanish bank-backed instant payments from a mobile phone
Vipps MobilePay
Norway · Nordic app to send, request and split money
Monzo
United Kingdom · UK bank app with free bill splitting between friends
See all European p2p payment apps or compare them directly against Venmo on our alternatives page.
Frequently Asked Questions
The vendor page states it is free for individuals, with no sign-up, management, activation or monthly fees and no commission on transfers between friends.
Yes for sending money to friends. Satispay Europe S.A. is registered in Luxembourg, though payments are limited to partner merchants and services.
Satispay Europe S.A. is at 53 Boulevard Royal, Luxembourg, in the CSSF electronic money register under no. W00000010.