With an unknown increase in ceilings, Bizum has been presented in 2022 bordering on the 20 million users and an assessment that is around 50 million euros. The system that has completely changed the way of dealing with transfers in Spain, but as it is experiencing good growth, it will continue to have news that could well arrive over the next 365 days.
Make a bizum It has become one more phrase in the Spanish vocabulary. Since this platform was allied with the main banking entities that operate in national territory, and given the rise of telematic money, more and more people are launching themselves into a service that knows no limits.
And it is that Bizum was born as a basis for payment between individuals, in order to pay for small amounts. But nevertheless, being able to carry out multiple operations and high units, businesses and even high institutions have already adopted it as a form of payment. This has been seen, for example, throughout 2021 to State Lotteries and Betting or even as a platform for the entry of fines in the Basque Country councils.
A last service that has been one of the great novelties that has reached Bizum and threatens to jump to the entire national territory. At the moment only available in Álava, Guipúzcoa and Vizcaya and for certain payments through Kutxabank, one of the novelties of 2022 is that the majority of institutional payments from all over Spain could be done through this service.
Not confirmed, what is a reality that is yet to come is Bizum’s solo app. Complementary to that of banks, so it will not eliminate their importance, the company intends to establish this year an application through which it will be easier share costs among friends, as well as introducing new features in online payments.
Finally, the great objective of Bizum is to take the leap abroad. Still only in use with Spanish bank accounts, who knows if the new year could be the definitive leap abroad with the aim of continuing to establish a form of payment that knows no limits. At the moment the company is silent as it hopes to reach 20 million users in the coming months.
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