[bisq-network/growth] Satispay (#213)

Vigme86 notifications at github.com
Sun Dec 20 18:48:46 CET 2020


Payment methods are evaluated very carefully before being added to Bisq. Poorly integrating a payment method, or integrating a payment method that's not a good fit for Bisq's trading protocol, can be costly mistakes for Bisq's users and dispute resolution mechanisms.

As a result, we request that you add responses to the following questions so that we can better consider your suggestion.

Please answer to the best of your ability. The more thorough you can be, the more you'll help us out, and the quicker your suggestion can be evaluated and implemented.

### Why

_Why would Bisq benefit from adding this payment method? Is is popular in a particular region? More convenient? More safe?_

Because it's pretty popular in italian cities, in particular Milan and Rome, and It appears they have a business they will go in the next years to other countries in Europe, in particular Germany from 2021.
I personally use it quite frequently to pay in shops or between friends which accept it
You install an app on your mobile phone, do KYC, then link your bank account, in 3-4 days they accept your registration, after that you can set a weekly budget between 25 € and 500 € directly linked with your bank account, and then every Monday they charge your Satispay account with a SEPA direct debt transaction with your bank.


### Region

_Who can use this payment method?_
Every one who owns a bank accout linked with Satispay App on his mobile phone.
When I activated it a couple of years you needed to link it with an Italian bank account (IT xxxx), 
I don't know if they're going to remove this restriction now that they are going in other EU Countries.

### Chargeback risk

_How easy is it to cancel a payment once it's made? This is the most important characteristic of a payment method._
Once the receiver has accepted the payment, there's no possibility as far as I know 

### Data requirements

_What information **must** a user provide to a counterparty to accept a payment?_
You can pay another person from your address book, hence you need to share your name and your phone number.

### Verification

_How can payments be verified? Examples: TLSNotary is typically used for electronic payments, and receipt scans are typically used for money orders._
Every transaction inside the application produces a receipt that you can share via social or your address phone book.

### Duration

_How long do payments take? Please provide a range, as the advertised best-case scenario rarely accounts for edge cases._
Payments are made within seconds, they end when the receiver confirms the payment.

### Fees

_Does it cost anything to make a transfer using this payment method? If so, how much?_
There are no transaction fees between people, shops usually have a fees around 0,5% for orders above 10 €.

### Fraud risk

_How easy or difficult is fraud with this payment method?_
I don't know how to fraud this payment method.


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