Lender's intention with Bizum has usually been to go over all payment use cases. The first thought 4 a long time in the past was to start with every little thing: payment between men and women, e-commerce, and Bodily payment.
The name of the person registered on Bizum is different through the name of the seller with whom you’ve agreed towards the sale.
After that alter in the messages, Bizum started to go viral. With no hesitation, he admits that phrase of mouth has actually been The real key to progress.
The greater users choose Bizum, the greater financial institutions get traction offering a national payments scheme bringing far more Levels of competition in precisely the same line as Yves Mersch words.
Comodidad: pagar a través del móvil es una costumbre que muchos ya han adoptado. Es muy práctico pagar con un par de toques en la pantalla del móvil.
People today did not must download a fresh app nor develop a new account. This implementation fueled its advancement. Nevertheless, my impression is it could act now as Damocles' sword.
We had to discover about the fly to adapt the messages. One of several things which we understood is that individuals were sending income with Bizum. They required to understand protection to use the provider. Originally, we wished Bizum to get a fresh new, dynamic, and younger item not associated with the established order.
The plain future stage is usually to go immediately after payments in physical outlets or to self-employed people. Businesses previously agreement the POS with the banks, in order that It could be really a simple move.
One more attack to funds (eighty% of all physical payments) and charge cards, and a defensive transfer toward tech companies. In an report, Fernando feedback that they are screening a solution check here which has a dynamic QR code to pay and acquire cash.
They might connect with SCT Inst., Establish their directory of cell phone numbers/e-mails to financial institution accounts, and provide the payment Remedy to users and corporations. Since it's a typical, they needn't agree on anything Along with the banking institutions.
If the assistance is offered, you will see a Bizum icon in the shopping basket. Any time you ensure the payment process, the store will request the telephone number of the customer registered on Bizum.
You'll have to Visit the pending transactions part as part of your CaixaBankNow app to confirm the request.
They determine some recommendations to be executed by banking institutions. This is the opposite of how I operate and what I preach in my article content, which created the dialogue really interesting.
Bizum is top, and that's ordinarily the most effective time to reinvent you. Do the banks choose to travel the payments in Europe? Or will they want to play capture-up in a couple of many years? My suggestion to them: Make the move, reinvent by yourself once more.