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Bizum
Bizum is a popular payment method in Spain, offering a fast and secure way to make instant transfers and payments directly from your bank account. Integrated with major Spanish banks, Bizum allows users to send or receive money using just a phone number, making it highly convenient for everyday transactions. It’s widely accepted for peer-to-peer transfers, online shopping, and even donations to charities.
For merchants, Bizum offers an easy-to-integrate payment solution for online stores, providing customers with a seamless checkout experience. Payments are processed instantly, improving cash flow and reducing the time merchants spend waiting for funds.
Bizum’s security is backed by the banking institutions it partners with, ensuring that transactions are safe and protected from fraud. With no need for additional apps or accounts, Bizum is becoming the go-to payment method for millions of Spaniards looking for a simple, reliable, and real-time way to handle their payments.
Bizum
Features
Payment type | Bank Transfer |
---|---|
Merchant locations |
Europe and Russia Spain |
Currencies |
Settlement currency : EUR Processing Currency : EUR |
Other |
Refunds : ✔️ Partial refunds : ✔️ 3D Secure : ✔️ Chargebacks : ✔️ Local entity required : ✔️ |