Zen Review - Best Digital Banks & Cards - Accounts & Payment Apps (2024)

Has trading:

No

Has IBAN:

Yes

Has SEPA:

Yes

Has SWIFT:

Yes

Main service fee text:

Account opening fee:

Gold-0,99 EUR
Platinum-4,99 EUR

Withdrawal fee:

GOLD account:

-IBAN account’s in EUR, USD, GBP and 27 more currencies

-Free local (SEPA)transfers:2 months- free, next for €0,10

-Free international SWIFT transfers (SHA): 1 month- free,next SHA - €3,00

-International SWIFT transfers (OUR):€10.00

-Free currency exchange: To €5 000 / month, then Above 0.3% fee

-Free ATM withdrawal: To €300 / month, then above 1.5% fee

-Free top-ups: Card, Blik, Apple & Google Pay. To €3 000 / month, above 0.5% fee

-Paid top-ups: PaySafeCash, Webmoney, iDeal. In-app dynamic pricing depending on the method

PLATINUM account:

- IBAN account’s in EUR, USD, GBP and 27 more currencies

-Free local (SEPA)transfers:10 months- free, next for €0,10

-Free international SWIFT transfers (SHA): 2 month- free, next SHA - €3,00

-International SWIFT transfers (OUR):€10.00

-Free currency exchange: Unlimited

-Free ATM withdrawal: To €700 / month, then above 1.5% fee

-Free top-ups: Card, Blik, Apple & Google Pay. To €5 000 / month, above 0.5% fee

-Paid top-ups: PaySafeCash, Webmoney, iDeal. In-app dynamic pricing depending on the method

P2P fee:

-Free local (SEPA)transfers: 2 months- free, next for €0,10
-Free international SWIFT transfers (SHA): 1 month- free,next SHA - €3,00
-International SWIFT transfers (OUR):€10.00

Main currency:

EUR, GBP

Number of currencies:

30

Conversion fee:

Free currency exchange: To €5 000 / month, above 0.3% fee

Other currencies:

NZD, AED, AUD, BGN, CAD, CHF, CZK, DKK, HKD, HRK, HUF, ILS, JPY, NOK, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR, CNY, MXN, KES, UGX

Cashback:

Up to 15% of cashback rate when using the offers from ZEN partners.

Bonus:

One-year extended warranty for the electronics you purchased. You paid with your ZEN Mastercard® and something went wrong? The merchant refused to help you or someone scammed you? Just select the transaction in your transaction history and click Get Refund. Then describe your problem and attach any necessary documentation.

Zen Review - Best Digital Banks & Cards - Accounts & Payment Apps (2024)

FAQs

Is zen checkout secure? ›

Secure Processing

At Zen Payments, we provide businesses nationwide with reliable and secure payment processing systems. When combined with our chargeback protection and 24/7 support, our point-of-sale services are an upgrade over older systems.

Is Zen a safe payment method? ›

Zen Payments specializes in high risk credit card processing and has been a top merchant account provider for over 15 years.

Is pay Zen legit? ›

We prioritize the safety and security of your sensitive financial information. Our commitment to your protection is validated by our SOC2 certification, which demonstrates our adherence to the highest industry standards for data security.

Is Zen a real bank? ›

Zen .com is not a bank in the traditional sense. It is a financial technology company that offers digital banking services, including the Zen account.

How reliable is Zen? ›

Our readers voted Zen second place in our 'Top 10' broadband providers (2024 customer reviews) & boasts a 4.4 Star Trustpilot Rating.

How does Zen payment work? ›

Zen Payments offer physical processing (countertop and mobile) terminal options for in-person transactions with retail merchants, which can be integrated through POS systems into mobile devices. The platform has 98% account services approval rates, even with low credit score merchants.

How much can I withdraw from Zen card? ›

Answer
Standard (can be changed)Maximum (cannot be changed)
ATM withdrawals (for cards which settlement currency* is PLN)up to 2000 PLN per day**up to 120 000 PLN per day
ATM withdrawals (for cards which settlement currency* is GBP)up to £2000 per day**up to £30 000 per day
4 more rows
Aug 20, 2024

Who owns Zen Payments? ›

Taylor Stika is the CEO and Founder of Zen Payments. With a background in the payment processing industry starting in 2015, Taylor has extensive experience in managing and optimizing payment systems.

What is the safest digital payment system? ›

Safe online payment methods
  • 1) Virtual cards. Definition: A virtual card is a type of temporary payment card that, rather than being physically issued as a plastic card, exists exclusively in a digital format. ...
  • 2) Digital wallets. ...
  • 3) Prepaid cards. ...
  • 4) ACH payments. ...
  • 5) Cryptocurrency transaction.
Jul 2, 2024

Is Zen com a bank? ›

ZEN.com is an international fintech company with offices in Vilnius, Rzeszow, Krakow and Gdansk. The financial institution received a license from the Central Bank of Lithuania.

What is Zen money transfer? ›

ZEN Buddies

Make transfers to other ZEN users free of charge and lightning-fast. The money arrives in your recipient's account in seconds. All it requires is the phone number of the recipient. And if they don't use ZEN yet, you can send them money anyway – they can collect it once they open a ZEN account.

How do I put money on zen? ›

Open the ZEN app and go to the Home page (leftmost screen). Tap the account to which you would like to add money, and then select the "Top up" option. Enter the amount that you want to add to your account and choose your preferred payment method at the bottom of the screen: Complete the transaction.

Is zen a credit card? ›

The Kotak Zen Signature Credit Card by Kotak Mahindra Bank has been curated to balance your travel, rewards, and milestone benefits. Every swipe with this card will earn you reward points that can be redeemed later. The card comes at a joining fee of Rs. 1,500.

How does zen account work? ›

A ZEN account offers features like multi-currency account with over 29 currencies available immediately, a virtual ZEN Mastercard® that you receive right when you open a ZEN account, the ability to top up your ZEN account fast and safely in foreign currencies, and the choice to transfer money using a variety of local ...

Is Checkout safe to use? ›

Although there is no FSCS protection, Checkout.com ensures that your money is safe by complying with the safeguarding requirements under the payments and e-money regulations.

Is Zendesk chat secure? ›

Security: Zendesk prioritises data security and combines enterprise-class security features with comprehensive audits of our applications, systems and networks to ensure subscriber and business data is protected.

Where is Zen payment from? ›

ZEN was founded in 2018 by Dawid Rożek in Poland. The company was authorized on May 24, 2018, in Lithuania by the Central Bank of Lithuania. The license was approved by regulators in 31 countries and the European Banking Authority. In November 2020, Zen.com was launched.

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