CaixaBank exceeds one million daily payments with Bizum, driven by e-commerce
Bank users make 171.78 million person-to-person money transfers via Bizum and 17.67 million online payments in the first half of the year.
CaixaBank reports that its clients made 171.78 million person-to-person money transfers via Bizum in the first half of the year, with an average of 950,000 daily transactions. Additionally, they made 17.67 million online payments using the service, a 13% increase from the second half of last year. The bank has 9.52 million clients registered with Bizum, a 6% increase from the previous year, giving it a 30% market share in Spain.
Bizum's international expansion also continues, with over 106,000 cross-border transactions recorded by June, and Portugal being the country with the most international activity for CaixaBank clients.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.