#Payment method

Bizum is a popular mobile payment system in Spain. It allows users to make instant money transfers between different bank accounts through a mobile app.

Market coverage 1
  • Spain

Bizum was created in 2016 and is supported by many Spanish banks.

The official website of Bizum is the online platform where users can get information about the service, download the mobile app, and access their Bizum account.

By using Bizum, users can send money to their registered contacts simply by using their mobile phone number. This makes it easy for payments among friends, family members, and even in some stores and businesses that accept Bizum as a payment method.

It’s worth noting that Bizum only operates in Spain and requires a Spanish bank account to be used. It’s important to check if your bank is compatible with Bizum before being able to use it.

Bizum's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

Data not up-to-date?

Note that the payment methods offered by each bank or payment service provider may vary depending on the country and the type of account or service.

Any updates? Share your knowledge and expertise and help us provide the most accurate and up-to-date information.


Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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