Bizum

pmt_bizum

Bizum connects Spanish bank accounts through phone-number payments and merchant purchases. Customers activate it within a bank environment and approve money movement from their account, with online and in-person acceptance extending a service known for person-to-person transfers.

Use cases:
Initiation:
Users
23M
Markets
1
TPV
$9.3B
Transactions
139M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Regulator
Bank of Spain

Standards