Recently Checkout.com, a global payment solutions provider, has made an exciting announcement that they’re integrating Bizum, as an available payment method in Spain. With this move, Checkout.com is aiming to offer businesses a preferred payment method when it comes to Spanish consumers.
Bizum: A Trusted Payment Solution
Bizum is a Spanish payment solution, created by banks, focusing on facilitating instant transfers. Since its initial launch in Spain, the platform has rapidly expanded to include payments in electronic commerce. With no need for credit or debit cards, users can now make payments quickly and efficiently.
As a result of its reliability, speed, and effectiveness, Bizum has become extremely popular in Spain, especially among younger generations. Currently, the platform boasts an impressive 28 million users, with over 68,000 businesses accepting it as a payment method. The number is likely to continue growing as e-commerce consumption increases.
Streamlined Integration with Checkout.com
The integration of Bizum with Checkout.com offers consumers seamless purchases without needing to leave the retail environment, reducing the steps required to complete the transaction. This increase in efficiency minimizes friction and boosts conversion rates. Moreover, businesses can maintain full control over their customer experience and brand image while offering an even more fluid and consistent purchasing experience.
Checkout.com’s integration with Bizum also offers several additional advantages for businesses, including facilitating recurring purchases by saving consumer phone numbers, managing transactions centrally from Checkout.com’s general control panel, and providing enhanced data analysis through simplified reporting.
Unlocking Opportunities in the Spanish Market
For both local and international businesses, integrating Bizum with Checkout.com offers an opportunity to capitalize on current trends in the Spanish market. By gaining access to a rapidly expanding payment method in Spain, companies can connect more strongly with Spanish consumers, increase brand loyalty, and remain competitive in a rapidly evolving market.
Checkout.com Leading the Way in E-commerce Innovation
Checkout.com continues to drive e-commerce innovation by catering to an increasingly demanding market. The company stays on the cutting edge by integrating solutions such as Bizum, providing a secure, efficient payment system along with advanced data analysis tools that facilitate connections with consumers.
“At Checkout.com, we adapt to the changing needs and expectations of local markets. The integration of Bizum eliminates the need for redirection, and our global reach combines perfectly with the trustworthiness that Bizum brings to the table,” says Javier Moreno Molinero, Head of Commercial, Southern Europe at Checkout.com. “Our clients, both in Spain and globally, will enjoy the seamless integration that checkout and Bizum provide.”