Before, the alternatives for payment were not very numerous: in cash or with a card. Little by little they were adding bank transfers, cash on delivery ... Then came PayPal. And from there the payment methods were extended to one of the best known: Bizum.
This method is one of the most used today and combines perfectly with banks. But, What is Bizum? How does it work? And, especially, which banks work with him? You have all this and much more in this post.
What is Bizum
Contrary to what you may think, Bizum is not in fact an application. It consists of a system to be able to make instant payments between individuals. It is characterized by being a secure means of payment and, best of all, that it is produced at the moment.
Dependence on a bank transaction is avoided from this dynamic (even when in fact the bank itself comes into play). In this case, to send money it is not necessary for the other person to give you their IBAN code to do so, but rather use an alternative system to Paypal.
How does it work
Starting to use Bizum is quite simple, but you should not neglect the steps to follow to get to pay or send money to a person. Therefore, when using it, it is best to follow the following steps:
Install the app
The first thing you need is to have the application on your mobile device. That means you have to download and configure it. The vast majority of banking applications already have Bizum integrated and use the same credentials as in online banking.
Then the best thing is to create an account and associate the Bizum service with your bank.
Verify your number
The next step you have to do is verify your mobile device phone number. And it will do it with a verification SMS. You must make sure that the mobile device number you provide is one that is linked to your bank since, if it is different, it can give some problems when configuring it (because it will not recognize you). But otherwise, you will not have any problem with it.
Send money
Now comes the important thing, that is, using Bizum. And for this, nothing like a few simple touches. On the main screen you will have two buttons: Send money and Request money. If you want to send someone, click the first button.
Now he will ask you choose the winner who will receive the amount of money what do you intend to send him (regularly he will bring out your agenda). If you don't have it, you can access your phone number and that way you can send the money.
In just one minute, a verification SMS is received with a code that you must access in the app and, thus, confirm that you intend to send the money.
The other person also receives an SMS confirming that they have received money and that it is available in their account.
What if I want to request money?
In case you want to request money, the system also makes it possible and the procedure is very simple. All you have to do is click on the Request money button, and complete three sections: payer, amount and concept.
Once you do, you will receive a code and the activity will be pending until the other person pays you (at which point you will receive another message saying that the debt has already been "paid").
Which banks work with Bizum
Bizum is becoming a fairly widespread form of payment. So much so, therefore, more and more banks are looking for it to incorporate it into their services. Actually, they already exist 26 banks that work with this payment dynamic, and that can be activated in a few steps through the banks' own (or external) applications.
These are:
- Caixa Bank
- BBVA
- Santander
- Sabadell
- Bankia
- Popular
- Kutxabank
- Rural Box
- Unicaja
- Ibercaja
- Cajamar
- Abanca
- Bankinter
- Liberbank
- Kutxa Labor
- EVO
- Rural Eurobox
- Engineers box
- Banco Mediolanum
- Cajalmendralejo
- Cajasur
- German bank
- Imaginary bank
- Direct office
- Openbank
- Shepherd
- IN G
The cost in most cases is without costs, but you have to be careful, since some impose a series of "costs" for doing this payment dynamic. There are also limitations on the money that can be sent and the transactions that must be made. It all depends on each bank since they establish a series of special conditions in each one.
Where to buy with Bizum
We cannot tell you that you can buy with Bizum everywhere, because it is not true. But since this payment method came out, more and more companies are signing up for payment with this system. At first the payment was between individuals, without more, but now it is open to online commerce and it is a very simple and fast way to do it.
In fact there is several companies that allow payment through Bizum, big names of brands such as Iberdrola, Yelmo Cines, Decathlon, Logitravel, Balearia, Enegry Sistem, Mammoth, Alsa, Destinia, Roomdi, Electrocosto, EnanoFriki, Customize your cover ...
To know all the stores that accept payment through Bizum we suggest you visit this link where they have a link of dozens of them.
Advantages of using Bizum
If you are still not convinced about using Bizum, perhaps the advantages summarized will make you take the step and start using it. And it is extremely easy to use.
- Simple payments through the mobile device. You don't really want to know what the other person's account number is, just their username so you can manage it.
- It is very convenient to use. It is immediate, because once you use it, the money immediately reaches the other person.
- It is safe. Because as the banks themselves are involved, the security systems they have are quite high.
- For any bank. Here we will give you some nuances and that is that, even though there are a large number of banks that operate with Bizum, not all of them do. But if your bank does have the service, you should know that you should not open a new account, nor should you pay more for this service (except in some banks that do have commissions).
