The success of Bizum
Economy and Finance | 05.18.2023 | Yolanda Banqueri
Shall I pay you by Bizum? In a very short space of time, this sentence has become part of our everyday lives.
The success of Bizum, a platform for sending or receiving money from mobile to mobile, has not stopped growing.
But what explains its popularity?
- It’s quick. Transfers made using Bizum are instant, which means that the recipient will receive the money in their account immediately.
- It’s convenient. As it is a mobile app, Bizum allows you to send money from wherever you are at any time, without having to carry cash or use bank cards.
- It’s secure. Bizum has high security and privacy standards, as it is directly associated with users’ online accounts and uses advanced authentication methods.
- It’s free. Bizum does not charge any fees for the transfers made, so it is an inexpensive choice for sending money.
- It’s easy to use. The Bizum app is very easy to use, which makes it ideal for people of all ages with different backgrounds in technology.
MoraBanc’s new app now has Bizum for sending money free of charge to Andorran and Spanish mobile phones. What’s more, it’s the only bank in the country that allows young people from the age of 14 to use Bizum.
What are you waiting for to become a Bizumer?
If you are a MoraBanc customer but still don’t have an online account, call 884 884 to open one and get your passwords to do your banking, use BIZUM AND MUCH MORE.
MoraBanc Digital will now be +connected.
Information on the processing of personal data
In compliance with Law 15/2003 of 18 December on protection of personal data, the customer authorizes that the applicant’s personal data entered on this form will be incorporated into files owned and managed by MORA BANC GRUP, SA – MORA BANC, SAU (hereafter referred to as “MoraBanc”) to process the requested service and, if necessary, to comply with the contracts finally entered into, and also to ensure correct operational procedures.
The applicant expressly authorises MoraBanc to send him/her commercial and promotional communications for products and services and information on the Bank itself, social or other activities, in hardcopy by post or by electronic means (among others, short messages (SMS) to mobile phones, e-mail, etc.). This consent can always be withdrawn, without retroactive effect.
The fact of filling out this form implies that the applicant acknowledges that the information and personal data provided are true, accurate and correct; otherwise, MoraBanc declines all responsibility for the lack of truthfulness or correctness of the data.
The applicant authorises the data provided to be communicated or shared with third parties forming part of the MoraBanc business group, entities which are primarily active in the financial, insurance and service sectors. The applicant is considered as having been informed of this transfer of information by means of this clause. The applicant accepts that he/she may be sent information on any product or service marketed by these companies.
The data processing manager is MoraBanc. The applicant is hereby informed that the rights of access, rectification, suppression or opposition may be exercised in the terms established in current legislation.