The next step is to expand your business by facilitating payment in street-level stores.
We explain how you can implement Bizum to enable payments in your business and increase your business's turnover.
Accepting payments through Bizum facilitates transactions and allows businesses to increase their turnover for freelancers and entrepreneurs.
The success of this payment method is so great that it is already considering attacking Visa and Mastercard to take a share of their share of the card payment market in high street shops. To do this, it has hired the American company Discover, current owner of Dinners Club and issuer of credit, debit and prepaid cards.
Start of marked textSHARE! Do you want to make payment easier in your business and improve your customers' shopping experience? Find out how you can implement Bizum.End of marked text
After consolidating its business of payments between individuals and in online stores , Bizum intends to take a further step to gain market share at the expense of in-person payments in establishments . This will allow self-employed workers and entrepreneurs to increase their turnover .
Bizum is now the second most popular payment method for online stores in Spain and, according to the latest data provided by the company, 43,000 e-commerce sites use this payment method.
How to increase the turnover of your online business thanks to Bizum?
Using Bizum in online commerce makes it easier for you to increase your business's turnover. To include this payment method in your e-commerce, you must follow these steps:
Check that your bank offers this payment option to its customers.
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conditions that your bank offers you for using the service.
Sign up for the Bizum service with your bank .
Integrate it into your payment gateway.
Implement it on your website by placing a button on your website.
By integrating Bizum as a payment method in e-commerce , customers can pay quickly with just their phone number and password.
How can you accept payments with Bizum in your street-level store?
Currently, while we wait to see what the current agreement with Discover that Bizum has reached brings us, street-level shops that want to use it have to do a little trick. We explain what it consists of below.
In order to accept Bizum payments in a street-level establishment, it must have an online payment gateway , so the experience is similar to a digital purchase. But with the advantage that the customer can immediately access the products they purchase or also pay for certain services.
Among the payment platforms that allow transactions with Bizum are Paycomet and Monei, payment gateways that adapt to restaurants, clothing stores, repair shops, gas stations, etc.
With Paycomet, your customers will be able to make mobile payments with Bizum through Pay by QR or Pay by Link , just by scanning the QR or clicking on a link received on the phone to make the payment.
In conclusion, using Bizum for your business's invoicing can be very beneficial to increase the efficiency and productivity of your transactions. In addition, the fact that it is expanding is good news for freelancers and entrepreneurs looking for new ways to increase their turnover.
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