Setting up Bit and PayBox

Bit and PayBox are Israel's two main payment apps. People use them to split a restaurant bill, pay a friend back, collect rent, and pay small businesses. WHAT YOU NEED • An Israeli bank account or card • An Israeli phone number for verification • Your passport details for identification HOW TO SET UP • Download the app from your app store. • Enter your Israeli number and the SMS code. • Link your bank account or card. • Start sending and receiving money by phone number. WHICH TO USE • Bit is tied to the major banks and is the most widely used. Many bank apps have Bit built in. • PayBox is popular for group payments and works with most Israeli cards. • Most people end up with both, because friends and landlords use different apps. WATCH OUT FOR • There are daily and monthly limits. Raise them if you plan to pay rent through the app. • Confirm the phone number before sending. Payments can be hard to reverse.