Bizum (Spain)
Country: Spain (ES) | Payment Rail: real_time_payment
RealTimePayment
Market Adoption: 75%
Bizum is Spain's premier national real-time interbank payment solution backed by 34 Spanish banks, dominating mobile P2P and e-commerce transactions.
🔄 User Payment Flow
- Customer selects Bizum at checkout and enters mobile phone number
- Customer receives push notification from Spanish banking app (Santander, BBVA, CaixaBank)
- Customer approves transaction via biometrics or PIN in banking app
- Bank clears payment in real-time and merchant releases order
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | YES |
| Supports Recurring | NO |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant API requests payment session from acquiring gateway (Adyen / Stripe / Redsys)
- PSP generates Bizum authentication payload
- PSP receives instant clearing webhook notification and confirms order status
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Checkout.com🔌 Stripe🔌 Adyen