YowaPay review

The transfer fee is 1% of incoming SEPA transfers, minimum 0.50 EUR. It is charged on incoming SEPA transfers, so a euro transfer arriving by that rail carries the percentage and the minimum set out in the fee.

Delivery is Instant, under 10 seconds. That quoted speed covers transfers arriving by SEPA and going out to a bank account, so a payment raised during the working day can land with the recipient on the same day rather than the next morning.

Payouts go to a bank account, and bank is the method on the list. A recipient therefore needs bank details to receive the money, which suits people paying wages or supplier invoices where the payee already has an account on file.

The service is run by Yowpay Luxembourg S.à r.l., which is registered in Luxembourg. The legal pages name that company as the operator behind both the account and the transfers, so anyone checking who holds the money can start from that entity.

YowaPay is registered in Luxembourg, and the account is run by Yowpay Luxembourg S.à r.l.. The registration sits with the legal entity, so contracts and support requests are handled by that company rather than through a branch network.

Support runs on email, phone and help centre. That covers an email address, a phone line and a help centre, so a question about a transfer can go through whichever route suits, and a fee question can be checked against the pricing page.

The fee and speed suit anyone receiving euros by SEPA transfer, including businesses paying euro suppliers. People who need cash or a card payout should weigh Paysera instead, since YowaPay pays out to a bank account.