Bizum, Spain’s leading real-time payment method, is now integrated into the Mangopay payment suite. Learn why and how to add this payment method at the checkout.
At Mangopay, we help platforms scale faster by offering a payment infrastructure that’s flexible and adaptable to local market needs. As the digital economy continues to accelerate across Europe, offering the right payment methods in each region is key to staying competitive and driving conversions.
That’s why we’re proud to announce that Bizum, Spain’s leading real-time payment method, is now integrated into the Mangopay payment suite.
With this launch, businesses using Mangopay can now offer Bizum at checkout, giving Spanish users the fast, secure, and mobile-friendly payment experience they know and trust. For businesses looking to thrive in Spain by increasing conversions and reducing cart abandonment, Bizum is a powerful addition.
What is Bizum?
Bizum is a mobile-first, peer-to-peer (P2P) payment system developed by a consortium of Spanish banks. It allows users to send and receive money instantly using just a mobile phone number, with no need for IBANs or credit card numbers.
Integrated into the mobile apps of more than 38 banks and used by over 28 million people, Bizum has become a key part of Spain’s payment culture. It enables:
- Instant bank-to-bank transfers with no chargeback risk
- Real-time payment confirmation
- Authentication through mobile banking apps
- Transactions secured by bank-grade protocols
Whether used for splitting bills between friends or making online purchases, Bizum’s seamless experience makes it a preferred choice for Spanish consumers.
Why Mangopay added Bizum
At Mangopay, we partner with platforms across Europe, from fintech innovators to global platforms, to help them scale payments across borders. A core part of that strategy is offering local alternative payment methods (APMs) that align with user expectations and drive business growth.
Adding Bizum to our suite supports that mission by:
- Enabling real-time, mobile-first payments
- Reducing revenue lost to chargebacks
- Helping platforms reduce friction and cart abandonment
- Driving higher conversion rates in the Spanish market
- Supporting compliance with PSD2 and strong customer authentication (SCA)
- Giving merchants a trusted, secure payment method
In short, it’s about giving platforms the tools they need to grow revenue while delivering great customer experiences.
Why Bizum matters for platforms targeting Spain
Spain is experiencing a major surge in e-commerce activity. Consumer habits are changing, expectations are rising, and local payment preferences are evolving. Platforms looking to succeed in this market need to offer options that Spanish consumers are already using.
Key market stats:
- $120 billion – the value of Spain’s e-commerce market in 2024
- $166 billion – projected market value by 2029
- 10.3% of shoppers paid using Bizum in 2024, up from 2.7% in 2023
- $2,693 – average spend per online shopper in 2025
- $3,383 – projected spend per shopper by 2029
- 26.8 million expected e-commerce users by 2029
As Bizum use continues to grow, it’s becoming a familiar and trusted option at checkout. For platforms entering the Spanish market, offering Bizum can be the difference between winning or losing a sale.
Five benefits of Bizum via Mangopay
1. Instant, real-time transfers with no chargebacks
With Bizum, payments are processed instantly. Users confirm purchases via their banking app and receive real-time confirmation, which means your platform can release goods or services immediately.
2. Secure, bank-backed authentication
Bizum relies on the security infrastructure of Spain’s banking system. It uses strong customer authentication (SCA) to minimize fraud and protect consumers, while ensuring full compliance with PSD2 regulations.
3. Seamless mobile experience
Checkout with Bizum is fast and easy: users enter their phone number, authenticate in their app, and that’s it. No need to manually enter card details or worry about failed redirects. This frictionless process is especially effective for mobile users, where complex checkouts often lead to drop-offs.
4. Trusted by Spanish consumers
With wide bank adoption and daily usage across Spain, Bizum has built strong brand equity. Consumers recognize and trust it, meaning you don’t have to educate your users on how to pay. All you need to do is offer it.
5. Designed for conversion
A faster, simpler, more trusted checkout equals higher conversion rates. By adding Bizum via Mangopay, you’re making it easier for Spanish users to complete their purchase, especially first-time buyers and mobile shoppers.
How Bizum works with Mangopay
Mangopay makes it easy to integrate Bizum, offering full support and customization along the way:
- The shopper selects Bizum at checkout.
- They enter their mobile number.
- Their banking app prompts them to approve the payment.
- Payment is authenticated (via fingerprint, face ID, or passcode).
- Funds are instantly transferred and confirmed in your dashboard or API.
This simple flow speeds up checkout and helps increase completion rates while keeping the experience smooth and intuitive.
Expand your reach to millions of Spanish users. Contact us and offer Bizum with Mangopay today.
