What are app-based banks?
App-based banks, also known as online banks, have revolutionized the way we manage our finances. But what are they?
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Papara is a mobile banking platform that offers a modern approach to financial services, designed to meet the needs of digital-savvy customers who value convenience and simplicity. Users can download the Papara app to manage their finances on the go, with a range of features that include instant money transfers, bill payments, and easy budgeting tools.
With Papara, customers can also enjoy a seamless digital wallet experience, allowing them to upload funds, make online purchases, and conduct contactless payments through their smartphones. The platform provides a secure and user-friendly interface, with additional features such as virtual debit cards, investment options, and real-time transaction notifications to keep users informed about their spending.
Catering to a global audience, Papara also supports multi-currency accounts, offering competitive exchange rates for international transactions. Its focus on low fees and transparent pricing makes it an attractive option for those looking to avoid traditional banking costs. Papara's mission is to democratize financial services, making them easily accessible to all, regardless of economic background.
Go to PaparaExplore what real users have to say about their experiences with Papara. These 5-star reviews showcase the exceptional service and satisfaction provided by this neobank, giving you insight into why it's a top choice for customers worldwide.
The most impressive bank account available. Prompt and excellent customer service in English. Always helpful with fantastic follow-up. Whether you're an expat, student, or anyone else, PAPARA is hassle-free, swift, and well-equipped to handle all your banking needs better than any other bank in Türkiye. Impressive!
08/06/2024
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Papara is a mobile banking platform that offers a modern approach to financial services, designed to meet the needs of digital-savvy customers who value convenience and simplicity. Users can download the Papara app to manage their finances on the go, with a range of features that include instant money transfers, bill payments, and easy budgeting tools.
With Papara, customers can also enjoy a seamless digital wallet experience, allowing them to upload funds, make online purchases, and conduct contactless payments through their smartphones. The platform provides a secure and user-friendly interface, with additional features such as virtual debit cards, investment options, and real-time transaction notifications to keep users informed about their spending.
Catering to a global audience, Papara also supports multi-currency accounts, offering competitive exchange rates for international transactions. Its focus on low fees and transparent pricing makes it an attractive option for those looking to avoid traditional banking costs. Papara's mission is to democratize financial services, making them easily accessible to all, regardless of economic background.
Papara is currently available for residents of the following countries:
TurkeyNo matter where you are, at home or abroad, you can access your Papara account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Opening an account with Papara is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Papara doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Another main reason to use Papara is the low (or no!) fees. Papara has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Papara offers zero fees on all transactions, including purchases made overseas!
Papara = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Papara everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.