In France, as in many countries across the world, mobile payment is becoming more and more popular. The French startup, Lydia, is the leading app in France and is one of the biggest successes in this field. The initial idea of Lydia’s founders ? Replace your check book, cash, and bank transfers to allow you to pay back your friends and family with your smartphone, free of charge and in real time. With Lydia, you’re done with ATM cash withdrawals, small change, and unwieldy check books.
Recently, Lydia has decided to go much further by becoming the app that manages your money on a day-to-day basis.
Indeed, it is now possible to pay absolutely with Lydia everywhere with just your smartphone. Whether it is for in-store payments, online, amongst friends, donations to an association, or even for transfers from one bank account to another: all you need is the Lydia app.
Beyond standard payments, Lydia has developed several innovative features to make your daily life easier, such as shared accounts or online group payment pages to collect money or funds.
Thanks to Lydia, you can :
• Pay your friends back with your phone, just using their mobile number. This is Lydia’s hallmark feature, which has already simplified over a million lives, and has saved many a friendship!
• Pay contactless instore with your phone, via Apple Pay, Samsung Pay or Google Pay (depending on your smartphone brand).
• Create several shared accounts without any limits in terms of the number of participants. Everyone can credit or debit the account, which is really useful for a weekend away with friends, for managing your children’s pocket money, or for handling your expenses as a couple.
• Have a universal physical payment card, to debit any of your accounts. Pretty handy, as you now only need to carry one card in your wallet !
• Make secure payments online in one click (with partner merchants only)
• Check the balance of your bank accounts and make your bank transfers directly from Lydia. Say goodbye to your bank’s chunky app; you won’t be needing it anymore.
• Create online group payment pages.
Now, it’s your turn. Download Lydia, and enjoy never having to take your wallet out again to make a payment !