El Sabadell está acelerando la implementación de Bizum Pay y se está colocando en la lucha por la cuota de pago en tiendas físicas. The company, which has been one of the first banks to adapt its systems to facilitate on-site payments through Bizum in stores, has enabled this form of payment in over 340,000 businesses. The deployment reaches large chains such as Eroski and Restaurant Brands, the group that operates Burger King, Popeyes, or Tim Hortons. Continue reading.
The company, one of the first to offer the service, aims to capitalize on its position in the small business sector to establish itself in the market
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El Sabadell está acelerando la implementación de Bizum Pay y se está colocando en la lucha por la cuota de pago en tiendas físicas. The company, which has been one of the first banks to adapt its systems to facilitate on-site payments through Bizum in stores, has enabled this form of payment in over 340,000 businesses. Deployment reaches large chains such as Eroski and Restaurant Brands, the group that operates Burger King, Popeyes, or Tim Hortons. This is a significant positioning because not all banks have progressed at the same pace. In a moment when Bizum is trying to transfer the success it has achieved in sending money instantly between friends and family, and also for making online purchases, to physical commerce, the goal is to establish a presence among supermarket checkout counters, restaurants, and stores, a market previously dominated by credit cards and digital wallets from tech giants like Apple and Google. Given that Bizum can only be enabled on one bank account at a time, it is important for entities to have a fast deployment and availability to clients. Because buying through Bizum is free for the customer, but the bank receives a small commission from the transaction (just like what happens with card purchases), making it a new source of income. For Sabadell, which has a significant presence among businesses, self-employed individuals, and small businesses, the expansion of Bizum Pay provides an opportunity to strengthen its positioning in trade. The bank confirms that all customers with physical branches already have terminals ready to accept payments through Bizum, without needing to replace the dataphone they already had. At Banco Sabadell, we believe that innovating in payments means helping our customers grow their business.
