About
Bizum is Spain's bank-run mobile payment service, operated by Bizum, S.L. of Madrid as a joint project of the Spanish banking sector; banks offering it held over 99% of the market in 2025. Users link their mobile number to an account inside their own bank's app and send money by phone number, with funds moving between accounts as SEPA instant transfers. Online, the shopper types a phone number at checkout and confirms in the bank app. Launched in 2016, Bizum reported 30.6 million users and 1.237 billion operations in 2025, including 105.6 million online purchases. Via EuroPA it links to Italy's Bancomat Pay and Portugal's MB WAY.
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