Online payments what it is, how it works and what advantages it has

Online payment via 꽁머니 is a payment app that allows you to shop in stores, make payments on toto sites, exchange money and purchase services in a simple and free way. You can, for example, make phone top-ups, pay bills, car tax and much more. It is also a great way to save and get cashback from your purchases.

In this guide you will find out what online is and how it works, what are its features, costs, advantages and reviews from users who already use it

If you want, you can download the online app for free right now by clicking on one of the buttons below.

All online features

Once downloaded on your device, it allows you to exchange money in real time, simply by using the recipient’s phone number saved in the address book or making a payment at a partner shop, using geo-location.

In practice, with the online app you can perform an infinite series of operations:

• make a phone top-up without going to the tobacconist’s;
• send money to a friend who needs it;
• pay for the breakfast consumed at the bar downstairs;
• share the cost of lunch with co-workers;
• pay a bill;
• fundraise or organize a savings plan.

Account cards: fast and easy to manage from mobile devices. But tied to the current account

Account cards allow you to carry out operations such as salary credit and wire transfers. They are usually associated with an IBAN. To manage payments, however, it is always necessary to activate a current account with the institution that issues the card. They allow you to make transactions with an average fee of 0.16 euros. The average daily spending limit is much higher than with Bancomat Pay: it reaches 3500 euros per day. While, in most cases, there is no monthly payment ceiling.

The main advantage of this tool is that the transactions are almost always free , therefore included in the cost of the combined current account. In addition, money transfers take place instantly on the current account associated with the card and moreover, the card and the account can be managed from a single app.

However, it is an electronic card that creates a strong bond with respect to the current account: in shops you can only pay with the card combined with the account. Furthermore, in many cases, peer-to-peer transfer is only possible between users of the same credit institution. Everyone else is left out.