The organiser of the “Satispay Boost Invest” programme (the “Programme”) is Satispay Invest S.A., a company incorporated under Luxembourg law, with its registered office at 53, Boulevard Royal, L-2449 Luxembourg (“Satispay Invest”, or “we”).
Satispay Invest is an investment firm regulated by the Commission de Surveillance du Secteur Financier with registration number P00000555.
The promotion is valid during the period and under the conditions specified in the communication received by the Beneficiaries (e.g. by email or within the Satispay App).
The Programme allows you to receive a benefit linked to registration for and/or the provision of the Satispay Investment service provided by Satispay Invest.
You can contact us using the “Contact us” function in our App, by email at support@satispay.com or by post at 53 Boulevard Royal, L-2449 Luxembourg.
The Programme is open to all consumers (the “Beneficiaries”) who have received a specific communication (by email and/or push notification and/or in-app message) with details of the initiative.
Beneficiaries are chosen based on homogeneous, objective criteria that we define in advance, including through market analysis. These criteria may include, for example:
As a Beneficiary, you may receive one of the following benefits (the “Benefit”), as specified in the communication received:
The Benefit referred to in point (b) above will be credited in the form of fractional shares or ETFs relating to the same financial instrument in which you made the first required purchase transaction that meets the conditions set out in the communication you received.
The value of any shares or ETFs awarded as a Benefit is subject to market changes and fluctuations; these instruments are not equivalent to cash.
Once the required actions have been completed, the Benefit referred to in point 3(a) will be applied automatically to your subsequent purchases or sales of shares and ETFs, up to the number of transactions specified in the communication received and no later than the expiry date specified therein.
The Benefit referred to in point 3(b) will instead be credited in the form of fractional shares or ETFs according to the technical timeframes applicable to the instrument and, in any event, within 60 days of receipt of the promotional communication.
If your Stocks and ETFs account cannot be activated or is blocked due to pending checks, unmet requirements or negative results of checks, the Benefit will not be awarded.
Please note that Satispay Invest and its partner Upvest Securities Gmbh will activate the service only after successfully completing the identification processes and the necessary checks, provided that all the requirements are met (for further details, please consult the terms of service available in the “Legal Hub” section of our website).
You can check at any time whether the Benefit has been credited in the “Profile” section of the App. The Benefit will appear in the “Transactions” section of the App.
🚫 We reserve the right not to award the Benefit if your balance in the App is negative when the required actions are completed or when the Benefit is credited. 🚫
As a Beneficiary, you will be able to use the Benefit referred to in article 3(a) to purchase or sell shares and ETFs without transaction fees, by the expiry date specified in the communication received. The Benefit referred to in article 3(b) will already be invested in the chosen financial instrument and may be managed, held or sold under the same conditions applicable to your other investments in shares and ETFs.
We reserve the right to suspend and/or revoke your Benefit if we detect:
In these cases, your Benefit will be suspended immediately after notification by email.
If we detect systematic abuse of this Programme or other Programmes organised by Satispay, including in collaboration with other Beneficiaries and/or users, we reserve the right to deactivate your account and suspend and/or terminate the Satispay Consumer service with immediate effect.
We reserve the right to modify, suspend and/or cancel the Programme at any time. In that case, we will give adequate advance notice of our decision via notification on the App, by email or through the website www.satispay.com.
👉 The modification, suspension and/or cancellation of the Programme will not affect enrolments already started, payments already made or Benefits accrued before the effective date of the modification/suspension/cancellation. 👈
We process the personal data of Beneficiaries as part of the Programme in accordance with applicable personal data protection laws. For further information, please consult our privacy policy.
Please remember that investments involve risks, including the potential total loss of the capital invested. The value of shares received as a Benefit is subject to market changes and fluctuations depending on the performance of financial markets, and past performance is not indicative of future results. This value may therefore increase or decrease compared with the value of the shares at the time they were awarded. Fractional shares and ETFs involve additional risks and do not confer voting rights.
Execution and custody services relating to company shares and ETFs are provided by our partner Upvest Securities GmbH, authorised by and subject to the supervision of BaFin.
Company shares and ETF shares received as a Benefit are subject to taxation under the tax rules in force. In this case, it is the Beneficiary’s responsibility to declare the income arising from the transactions and pay taxes in accordance with the applicable legislation.
The Programme and any dispute or claim arising out of or in connection with it shall be governed by and construed in accordance with Luxembourg law, provided that the law of the Beneficiary’s place of residence or domicile may also apply where mandatory provisions are more favourable to the consumer. For the resolution of any dispute or claim arising out of or in connection with this programme, the competent court shall be the court of the Beneficiary’s place of residence or domicile.