Bizum — Payment Network Profile | nonusd
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NETWORKS
All networks
Europe
2016-10
Bizum
Bizum
🇪🇸 Spain
EUR (Euro)
Issuer
Sociedad de Procedimientos de Pago S.L. (SdPP)
Visit issuer →
Payment Types
P2P
P2B (online and in-store)
E-commerce checkout
QR Code payments
Phone number-based transfers
Key Features
Phone number-based payments
Built on SCT Inst rails
One unified brand across all banks
Directly inspired Wero's structure
Managed by Iberpay (national payments network SNCE)
Processed via Redsys (~85% of domestic payments)
Statistics
bank support
Nearly all major Spanish banks
settlement time
Under 10 seconds
transaction cap
€1,000 (Bizum); some banks up to €15,000
e commerce share
70%+ of Spanish e-commerce payments
daily transactions
~3.5 million
Profile
Network
Bizum
Full Name
Bizum
Country
🇪🇸 Spain
Currency
EUR (Euro)
Region
Europe
Launched
2016-10
Issuer
Sociedad de Procedimientos de Pago S.L. (SdPP)
Links
Issuer
bizum.es
Product
bizum.es
Developer
bizum.es/en/info/developer
Made by
@dylansz_
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