What is Bizum? Bizum Review, Features

Bizum was born out of a Spanish bank innovation and partnership project to expand instant payments, providing convenience, speed and security. It strives to become the user's preferred mobile payment solution provider.

About Bizum

Bizum is the service brand provided by the company under the name of BIZUN.SL, which is owned by 23 banking entities operating in the Spanish market, which jointly develop and create new payment solutions. It is a European tier-one pioneer, through which banks provide services to customers; funds in users' regular bank accounts are instantly available; it allows payments between individuals and in online stores, and is developing new payment services with the advantages of being fast, secure and simple.

Products and Services

• Individual payment
• Person-to-person payments
• Netflix Group Subscription
• Online store payment
• Donate to NGOs

Development History

-2016: Bizum was born

-2017: 1 millionth user due to referrals and word of mouth

-2018: NGO donation service launched

-2019: Online merchant payment service is born

-2020: 10 million users

Frequently asked questions

Q : What services does it provide?

A : We offer you the incredible possibility to make instant transfers to your friends, family or anyone you want, from your mobile phone. Forget IBAN and other complicated procedures, you only need the mobile phone of the person you want to send or receive money from, and all this with maximum security measures and backed by the main Spanish banks. It's an attractive offer, don't you think? In addition, through Bizum you can donate to different charities and pay for your purchases online. Just as fast, comfortable and safe!

Q : What are the requirements for using Bizum?

A : It is enough to have any physical bank account (IBAN) and a mobile number in Spain that offers the service. Download your application, register for the service and start enjoying Bizum!

Q ：Is it safe?

A : Of course! Bizum is a fully banked service, so it is fully powered by the bank’s security systems. Transfers are always ordered by your bank and they are responsible for authenticating you.