Have you heard of a Bizum password? Find out what it’s for and how to ...

Have you heard of a Bizum password? Find out what it’s for and how to get one

Quick guide to activate the Bizum key easily, quickly and safely.

OCTOBER 04, 2022

2 min read

Unlike popular online payment methods such as PayPal, Stripe, or Google Pay, Bizum is a payment platform promoted by the Bank of Spain. It allows you to send money from one bank account to another in a matter of seconds, pay at partner establishments, or donate to NGOs. Here, we’ll explain what it is, and the perks of a Bizum password—one of the latest tools on this popular platform.

How do I get a Bizum password and what can I do with it?

There’s no doubting it—the arrival of the Bizum password feature has considerably improved the platform’s user experience by allowing you to make payments from your smartphone in online stores.How does it work? In short, the Bizum password is a 4-digit code that spares you the hassle of card transfers and payments. Whether you want to pay safely and easily online for an Air Europa plane ticket, a set of ping-pong bats from Decathlon, or a mouse pad from MediaMarkt, you can shop at over 20,000 online businesses and pay in seconds.

Bizum is here

Send and receive money instantly and pay online quickly and safely with Bizum.

Get Bizum

But let’s get straight to the point: How do you get your Bizum password? Most banks operating in Spain already allow the use of Bizum. Although the process to get the Bizum password varies slightly between banks, the general steps are as follows:

First things first: Make sure your bank offers Bizum.
If you don’t have a Bizum account yet, download your bank’s mobile app.
Head to the Bizum section in your banking app and select the option to create a Bizum password.
Enter the password you want to use, confirm—and that’s it!

Note that some banks also allow you to activate your password in a branch, or through online banking.Once you’ve activated Bizum for online purchases, you’ll be able to start making payments to all the businesses that accept Bizum as a payment method. If you’ve lost your Bizum password, banks also allow you to change it or request a new one in a matter of seconds.

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