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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.

Translated from Spanish Read in Spanish

CaixaBank exceeds one million daily payments with Bizum, driven by e-commerce

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.

Read the original at expansion.com →

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