INSUBCONTINENT EXCLUSIVE:
While French banks are just catching up to Apple Pay, French startup Lydia is adding support for Samsung Pay
If you have a recent Samsung phone, you can now add a virtual card to Samsung Pay and pay using your phone in your favorite stores.Lydia
started as a peer-to-peer payment app
It works more or less like Venmo or Square Cash in the United States After signing up, you can add a debit card to your account and send
and receive money for free
You can withdraw your balance to a traditional bank account whenever you want.The company has been adding more features to turn Lydia into
the only banking app you need
You can now connect Lydia to your bank accounts, view your balances, get an IBAN, initiate transfers, create Lydia sub-accounts with
month with the physical card ($4.62)
The company also expanded to the U.K., Ireland, Spain and Portugal
There are a million registered users on Lydia.More interestingly, Lydia wants to go beyond peer-to-peer payments
You can use Lydia to pay in some grocery stores, such as Franprix stores
You can generate a virtual card and enter the card number on an e-commerce website
You can add this virtual card to Apple Pay or Samsung Pay
With Lydia, you can still use Apple Pay or Samsung Pay with your existing bank account.
