Bizum Is 10 Years Old: 40 Payments Are Already Made per Second in Spain and 310 Billion Euros Have Been Transferred
6 Articles
6 Articles
Seven out of 10 adults already make 'bizums', the payment system supported by the Spanish bank, which faces the challenge of making the leap on a European scaleBizum, from mobile to dataphone: it makes the jump to physical stores and the average payment among individuals already reaches 55 euros Bizum, the system of small immediate transfers, turns 10 years. “The idea was simple, to allow two people to share money with the mobile”, explained Fer…
elcorreogallego.es
“Do I make you a Bizum?” This phrase, employed by parents slightly concerned about the economic well-being of their children, by friends after a dinner or a night of drinks and by buyers of second-hand platforms, among dozens of other situations, did not exist ten years ago. The Spanish platform, owned by a consortium of financial institutions, this week is a decade old, and although it retains the same bases, Bizum has changed a lot.
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