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

BIZZ2PAY NEWS AND ARTICLES

 

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