Vivid Money Neobank Now Supports Apple Pay in France
Vivid Money now supports Apple Pay in France, the neobank has announced.
As spotted by iGeneration, the Russian-German mobile bank announced the development on its Twitter account, and users have already confirmed that they're able to add their Vivid Visa card to Apple's Wallet app this morning.
Launched in France last November, the neobank offers 25% cashback on daily expenses as well as a commission-free shares and FCBs investment mechanism that allows users to buy fractions of shares from 1 euro cent, which makes it more a rival for the likes of Revolut rather than a traditional bank.
Apple maintains a complete list of the countries where Apple Pay is available on its support site, and we have a detailed Apple Pay roundup with everything you need to know about Apple's payments service.
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Top Rated Comments
They're basically burning cash to get users, as many startups do.
But yay for more Apple Pay partners!
a) how is that sustainable for the business, and
b) what's their yearly interest fees like?
So you might have 150 play money as a virtual "cash back"; and if you "play invest" that so it goes up by 3%, then you can cash out 4.50.