Bizum
Spain’s instant mobile payment solution connecting bank accounts directly for seamless transfers and purchase
Overview
Bizum is Spain’s leading mobile payment platform allowing users to send and receive money instantly between bank accounts using just a phone number Integrated directly within Spain’s major banking apps Bizum has transformed how consumers and merchants handle payments offering simplicity and speed for person-to-person e-commerce and in-store transactions
Key Services / Solutions
Bizum supports peer-to-peer payments online checkout for e-commerce and donations to charities or institutions Payments occur instantly between participating banks without needing separate apps or wallets making it one of the most widely adopted mobile payment systems in Spain
Supported Payment Methods
Instant account-to-account transfers through mobile banking apps
E-commerce and retail payments using linked bank accounts
Donations and recurring payments for institutions and organizations
Target Markets / Regions
Bizum operates exclusively in Spain supported by over 30 banks and financial institutions It is widely adopted by both consumers and merchants providing nearly full national coverage
Strengths / Differentiators
Integrated within users’ existing bank apps no separate download needed
Instant payments across major banks and institutions
Strong security and regulatory compliance through Spanish banks
Growing use in e-commerce and institutional payments
High consumer trust and convenience driving rapid adoption
Want to know more about Bizum?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right Bizum team member or Payment Provider accepting Bizum
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