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BANCOMAT Pay is an Italian mobile bank payment service that allows you to pay for online purchases directly from your smartphone using the mobile phone number linked to your bank account (IBAN). Payments are verified and approved through your bank’s mobile app or the official BANCOMAT Pay application.
Key Information & Eligibility
Supported Country: Italy.
Supported Fiat Currency: EUR.
Account Requirements: An active Italian bank account with BANCOMAT Pay activated and linked to your mobile phone number.
Transaction Limits & Fees
Limits
Minimum Limit: €5 per transaction.
Maximum Limit: Up to €889,400 per transaction (varies depending on the cryptocurrency selected).
Payment Fees
Transactions under €66.45: A flat fee of €2 is applied.
Transactions of €66.45 and above: A fee of 3.01% is applied (comprising a 1.02% Service fee and a 1.99% Paybis fee).
Network Fees: Standard blockchain network fees apply depending on the specific cryptocurrency you purchase.
How to Complete a Purchase with Bancomat Pay
Select Currency & Payment Method On the Paybis buy page, select EUR as your fiat currency, choose Bancomat Pay as your payment method, select the cryptocurrency you wish to purchase, enter your wallet address, and click Pay.
Enter Your Phone Number You will be redirected to the secure Bancomat Pay checkout page displaying the total payment amount and merchant details (Paybis Europe SIA). Enter the mobile phone number linked to your BANCOMAT Pay account with the +39 prefix.
Keep the Page Open The screen will display "In attesa della conferma sull'app" (Waiting for confirmation in the app) along with a countdown timer. Keep this browser tab open while you approve the payment.
Approve Payment on Your Mobile Device Open the push notification sent to your phone from BANCOMAT Pay to launch your banking or BANCOMAT Pay app. Log in, review the payment details, and confirm the transaction using your PIN, fingerprint, or facial recognition.
Order Completion Once confirmed in your app, you will automatically be redirected back to Paybis, where your payment confirmation will be displayed and your cryptocurrency payout will be processed.
Need help?
If you run into any issues while making a payment, do not hesitate to contact us via live chat on paybis.com or email at support@paybis.com