Satispay Moves Past Payments With Launch of Piggy Bank

Hey Payments Fanatic!
Satispay is now offering Invested Savings, introduced under the name "Remunerated Piggy Bank." The Italy-based fintech unicorn, which rolled out its Loyalty Program back in April, is moving beyond payments with its first investment product integrated directly into the app.
Despite the name, this is not a traditional savings account. Funds are invested in a low-risk money market fund, and are not protected by a central bank, marking a shift toward accessible, entry-level investing.
Available without minimums, lock-ins, or complex onboarding, Invested Savings builds on the appโs widely used โSavingsโ feature, already adopted by over a million users. It offers an annualized return of 2.24% and allows deposits or withdrawals at any time. Managed by Amundi Asset Management, the fund allocates capital to short-term, highly liquid instruments like government bonds and bank deposits.
"We are doing this with a first product, the Remunerated Piggy Bank, but already projected to many other innovations designed for different types of users and objectives, which we are working on and will arrive in the coming months." said Alberto Dalmasso, Co-Founder and CEO of Satispay.
The rollout starts this week in Italy. With no activation or withdrawal fees, automatic tax management, and real-time tracking in-app, Satispay is offering a streamlined path into financial markets, especially for users less familiar with traditional investment platforms.
Read more global payment industry updates below ๐ and I'll be back with more tomorrow!
Cheers,
INSIGHTS
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PAYMENTS NEWS
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GOLDEN NUGGET
Pazeโ โ The ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ of ๐๐๐ง๐ค-๐๐๐๐ค๐๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐๐ฅ๐ฅ๐๐ญ๐ฌ to ๐ซ๐ข๐ฏ๐๐ฅ Apple๐๐๐ฒ & Google Pay๐ Created by Arthur Bedel

๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐ณ๐?
Pazeโ is a ๐๐๐ง๐ค-๐๐๐๐ค๐๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐ฐ๐๐ฅ๐ฅ๐๐ญ designed for secure, streamlined eCommerce checkout. Unlike traditional wallets, Pazeโ is automatically provisioned through the customerโs existing banking relationship โ no downloads, no new credentials, no manual card entry.
It enables consumers to check out online with a single sign-in experience by pulling payment and shipping credentials directly from their bank or credit union.
๐๐จ๐ฐ ๐๐จ๐๐ฌ ๐๐๐ณ๐ ๐๐จ๐ซ๐ค?
1๏ธโฃ ๐๐จ๐ ๐ข๐ง โ User enters phone number or email
2๏ธโฃ ๐๐๐๐ง๐ญ๐ข๐ญ๐ฒ ๐๐๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง โ OTP-based verification
3๏ธโฃ ๐๐๐ฅ๐๐๐ญ ๐๐๐ซ๐ โ Choose from eligible debit/credit cards
4๏ธโฃ ๐๐จ๐ง๐๐ข๐ซ๐ฆ ๐๐๐ญ๐๐ข๐ฅ๐ฌ โ Payment data + shipping info prefilled
โ ๐๐ก๐๐๐ค๐จ๐ฎ๐ญ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ in seconds, no form-filling required
Is Pazeโ the ๐ง๐๐ฑ๐ญ ๐๐ข๐ ๐ญ๐ก๐ข๐ง๐ in the ๐.๐.?
Pazeโ addresses the long-standing eCommerce friction of card entry and consumer authentication by using:
โบ ๐๐ซ๐-๐ฉ๐ซ๐จ๐ฏ๐ข๐ฌ๐ข๐จ๐ง๐๐ ๐๐๐ซ๐๐ฌ from issuers (nothing to manually enroll)
โบ ๐๐๐๐จ๐ฎ๐ง๐ญ ๐ฎ๐ฉ๐๐๐ญ๐๐ซ to ensure cards stay current (no expired card rejections)
โบ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐ญ๐จ๐ค๐๐ง๐ฌ to maximize authorization success and reduce fraud
It's built into the ecosystem, not layered on top of it โ making it merchant-agnostic, secure, and scalable.
๐๐๐ง๐ค๐ฌ ๐๐ง๐๐๐ฅ๐ข๐ง๐ ๐๐๐ณ๐ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โบ Bank of America
โบ Capital One
โบ JPMorganChase Chase
โบ PNC
โบ Truist
โบ U.S. Bank
โบ Wells Fargo
โบ Navy Federal Credit Union, and hundreds of regional banks
๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐จ๐ซ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ:
โ No need to create a new account
โ No passwords to remember
โ Autofilled cards and addresses
โ Works at checkout โ no app download required
๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐จ๐ซ ๐๐๐ซ๐๐ก๐๐ง๐ญ๐ฌ:
โ Reduces form abandonment
โ PCI compliance simplified via tokenization
โ Integrates with existing payment processors
โ No fees to accept Pazeโ
โ One-click-style experience with bank-verified credentials
๐๐ฒ ๐๐๐:
Pazeโ has the ingredients to become a serious native wallet alternative to Big Tech solutions like ApplePay or Google Pay. What makes it different is its ecosystem-level integration: card issuers, networks, and merchants all participate โ bridging the fragmentation gap.
If user adoption follows through, Pazeโ could shift the balance in favor of bank-centric checkout experiences.
Source: Pazeโ
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