Software Alternatives, Accelerators & Startups

Mobile Payment Software VS bunq

Compare Mobile Payment Software VS bunq and see what are their differences

Mobile Payment Software logo Mobile Payment Software

Mobile payment Software by charge anywhere is one of the most trending and secure payment processing software.

bunq logo bunq

bank of the Free! Mobile banking that makes life easy.
Visit Website
  • Mobile Payment Software Landing page
    Landing page //
    2023-05-31
  • bunq landing page
    landing page //
    2024-11-08
  • bunq business page
    business page //
    2024-11-08

A mobile banking solution designed to simplify personal and business finances with innovative features.

Mobile Payment Software features and specs

  • Convenience
    Mobile payment software allows users to make transactions from anywhere, reducing the need to carry cash or cards.
  • Speed
    Transactions are processed quickly, often faster than traditional payment methods such as cash or card swipes.
  • Security
    Many mobile payment systems use encryption and other security measures to protect user data, reducing the risks of theft or fraud.
  • Integration
    Mobile payment software can often be integrated with other digital services, such as loyalty programs or financial management apps, enhancing overall utility.
  • Contactless Transactions
    Contactless payment features allow for safer transactions, reducing physical contact which is especially important in contexts like health pandemics.

Possible disadvantages of Mobile Payment Software

  • Privacy Concerns
    Users may have concerns about how their data is used and stored by service providers.
  • Limited Acceptance
    Not all vendors or service providers accept mobile payments, which can limit their usefulness.
  • Technical Issues
    Users may face issues such as app malfunctions, connectivity problems, or device compatibility that can impede transactions.
  • Dependence on Mobile Devices
    Users must have a compatible smartphone or device, which may not always be available or functioning.
  • Transaction Fees
    Some mobile payment providers may charge fees for transactions, impacting the overall cost-effectiveness for businesses and users.

bunq features and specs

  • 100% online โ€“ no branch visits, no paperwork
    Get started from anywhere, anytime. Just download the bunq app, and youโ€™ll never need to visit a physical branch.
  • Manage expenses effortlessly
    Create up to 25 Bank Accounts to organize your budgeting, manage salaries, set aside savings, and even handle multiple local currenciesโ€”all within seconds.
  • Earn Cashback
    Get rewarded for every payment made with your card, including employee cardsโ€”paid weekly.
  • Free Business Account for Freelancers
    A perfect no fee business bank account option to help you manage your finances efficiently.
  • Tap to Pay (receiving payments)
    Businesses can easily accept in-person, contactless payments for your business. Wherever you are, all you need to accept card payments is your bunq app and your smartphone.
  • Save time with automation
    From bookkeeping integrations and AutoVAT to quick invoice processing, bunq offers a wide range of tools that save you time, so you can get back to running your business.
  • Sky-high interest rates
    Boost your savings with 2.51% interest on EUR for personal accounts and 0.75% for business accounts โ€” and earn even more on USD and GBP. Interest is paid out every week, so you can benefit from compound interest.
  • Teamwork made easy
    For businesses - quickly and safely share your account with co-directors and employees, so you can manage money collectively and make financial decisions together, all within the bunq app.
  • Bank like a local, wherever you are
    Open accounts with NL, DE, ES, FR & IE IBANs, and in up to 22 currencies quickly and without any hassle. You also get 6 worldwide ATM withdrawals for free every month.
  • Plant trees with your card
    As a bunq user you'll plant trees just by using your bunq card. We're planting mangroves in Kenya thanks to our partner veritree. You can also track the estimated CO2 impact of your transactions in the app!
  • Exclusive Business Card perks
    With our business accounts, get top discounts on tools and services like Google Workspace to help your business grow and succeed.

Analysis of bunq

Overall verdict

  • Bunq is generally regarded as a good option for those looking for a modern, mobile-first banking experience, especially if sustainability and innovative financial tools are important to you. However, it may not be the cheapest option as it charges a monthly fee for certain account types.

Why this product is good

  • Bunq is often praised for its innovative features which are designed to provide a modern and flexible banking experience. It offers a highly user-friendly app, multiple sub-accounts for budgeting, instant payment notifications, and the ability to plant trees with certain transactions. It's also known for its commitment to sustainability and transparency. Users who value quick, on-the-go banking often appreciate bunq's seamless interface and customizable options. Additionally, bunq supports multiple currencies and provides various tools for managing finances effectively.

Recommended for

    Bunq is recommended for tech-savvy individuals, frequent travelers, environmentally conscious users, and anyone who values digital convenience and flexibility in their banking services. It's especially useful for those who are comfortable managing their finances through a mobile app and who can benefit from features like real-time budget tracking and multiple currency support.

Mobile Payment Software videos

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bunq videos

bunq Update 27

More videos:

  • Review - Bunq Review - The SUPERGREEN Bank of the Future!
  • Review - Automate your payments with bunq API

Category Popularity

0-100% (relative to Mobile Payment Software and bunq)
Recurring Billing
100 100%
0% 0
Finance
5 5%
95% 95
Online Payments
2 2%
98% 98
Online Services
100 100%
0% 0

User comments

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Social recommendations and mentions

Based on our record, bunq seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Mobile Payment Software mentions (0)

We have not tracked any mentions of Mobile Payment Software yet. Tracking of Mobile Payment Software recommendations started around May 2023.

bunq mentions (3)

  • NexoCard issues/rejections in Germany
    I had similar issues with bunq.com from Netherlands where their Mastercards where registered in Russia and they had to fix it and afterwards everything is fine and you can use the card without any major problems. Source: over 3 years ago
  • [FWI] More people would use those existing solutions?
    Plants trees for customers under 18 โ€ข https://bunq.com. Source: over 3 years ago
  • Is YNAB really better than just using multiple bank accounts as envelopes?
    I use Vivid here in Germany (https://vivid.money/en-de/) and before that Bunq (deemed it too expensive) (http://bunq.com), but these are both only available in Europe. Looks like One Finance could be an alternative for people in the US, if that applies to you (https://www.onefinance.com). Source: about 4 years ago

What are some alternatives?

When comparing Mobile Payment Software and bunq, you can also consider the following products

Express Processing Platform - Express Processing Platform is best in class payment service provider for various online shops.

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.

EZSchoolPay - EZSchoolPay is one of the convenient and secure ways to pay for school fees and meals.

YNAB - Working hard with nothing to show for it? Use your money more efficiently and control your spending and saving with the YNAB app.

Reliant Processing Services - Reliant Processing Services is a futuristic credit card solution platform that integrates with advanced PCI and EMV compliant services.

HomeBank - Access Financial Services. Easy, fee-free banking for entrepreneurs Get the financial tools and insights to start, build, and grow your business.