Bizum app is a mobile payment app developed by the Spanish Banking Association. It allows users to send and receive money instantly and for free, using only their phone numbers. Bizum is available to customers of over 30 Spanish banks, and can be used to send and receive money from anyone in Spain, regardless of which bank they use.

Updates

The Bizum app is constantly being updated with new features and improvements. Here are some of the most recent updates:

• Bizum Cash: This feature allows users to withdraw money from ATMs without using a card. To use Bizum Cash, users simply need to generate a code in the app and enter it at the ATM.
• Bizum Split: This feature allows users to split bills with friends and family. To use Bizum Split, users simply need to select the "Split" option in the app and enter the amount they want to split. They can then select the people they want to split the bill with, and Bizum will send them a request for their share.
• Bizum Donations: This feature allows users to donate to charities and other organizations directly from the app. To use Bizum Donations, users simply need to select the "Donations" option in the app and enter the amount they want to donate. They can then select the charity or organization they want to donate to.

Brief

Bizum is a mobile payment app that allows users to send and receive money instantly and for free, using only their phone numbers. It is available to customers of over 30 Spanish banks, and can be used to send and receive money from anyone in Spain, regardless of which bank they use.

Features

Here are some of the key features of the Bizum app:

• Instant payments: Bizum payments are processed instantly, so recipients receive the money immediately.
• Free payments: Bizum payments are free for both senders and recipients.
• Easy to use: The Bizum app is easy to use, and users can send and receive money with just a few taps.
• Secure: Bizum payments are secure and protected by the latest encryption technology.

Pros

Here are some of the pros of the Bizum app:

• Convenience: Bizum is a convenient way to send and receive money, without having to use cash or cards.
• Speed: Bizum payments are processed instantly, so recipients receive the money immediately.
• Cost: Bizum payments are free for both senders and recipients.
• Security: Bizum payments are secure and protected by the latest encryption technology.

Cons

Here are some of the cons of the Bizum app:

• Availability: Bizum is only available to customers of Spanish banks.
• Limits: There are daily and monthly limits on the amount of money that can be sent and received using Bizum.
• Customer support: Customer support for Bizum is not available 24/7.

Conclusion

Overall, the Bizum app is a convenient, fast, and secure way to send and receive money in Spain. It is a good option for people who want to avoid using cash or cards, and who need to send or receive money quickly. However, it is important to note that Bizum is only available to customers of Spanish banks, and there are limits on the amount of money that can be sent and received using the app.