Bizum is extremely regarded in Europe. You will find international locations which could adapt an existent solution instead of developing among their own. The technological capacity exists; it can be introduced in any country."

Send and receive money from a cell phone right away. As easy as sending a information. Cellular payment

In contrast to other cell payment programs, Bizum just isn't a standalone application. The System is built-in in the bank’s personal application and what it does is link your mobile phone number immediately along with your bank account. Thanks to this, revenue could be moved in between accounts in serious time.

Right until a calendar year in the past, Bizum only had a few workforce. The remainder of the men and women, Specially the engineers, either labored for Redsys or the banking companies. With that schema, they'll reach twelve million customers in Spain by the top of 2020.

The obvious up coming phase is to go following payments in Actual physical suppliers or to self-employed folks. Companies currently deal the POS Together with the financial institutions, to ensure that it would be quite an easy transfer.

But How can Bizum perform? What do you might want to commence utilizing it? And it is it suitable with just about every smartphone?If these queries have received your head spinning, then sit back and chill out. The following posting summarizes what you are able to do with Bizum, Everything you’ll want to recollect when employing it, and what you'll want to concentrate to when sending cash.

Si tienes un negocio y usas Bizum como método de pago, tienes que declarar el importe como venta o servicio.

Lender's intention with Bizum has always been to address all payment use scenarios. The very first notion 4 decades in the check here past was to launch with every little thing: payment among men and women, e-commerce, and Actual physical payment.

The 3rd use scenario is a lot more relevant to banks because it enables them to begin charging funds to merchants since payments to persons is still cost-free for that conclusion-person.

Bizum has achieved 8M users for the reason that people have bought it to one another, not since we pushed it to end users by abnormal promoting.

We all operate for a similar organization, and in some cases alignment just isn't really easy. What do you are doing it When you've got to align 27 distinct businesses?

In the event you'd rather prevent paying out the charge with the outset, merely use ATMs related to the 15 banks mentioned listed here.

from the beginning there were financial institutions which showed Bizum on the very first volume of the menu and Some others, which created it much less available, which included complexity for the consumer.

The generation and Procedure of a common directory during which IBAN numbers of bank accounts are associated with an identifier