In this compilation you will find the best alternatives to Bizum. I am going to explain to you which platforms you should know about if you prefer to avoid this service. All of them have some advantages that could make a difference in your case. Whether you are looking for a tool to share expenses or what you want to do is send money instantly, you need to know the options that I suggest here.
PayPal
PayPal stands out as an interesting alternative to Bizum due to several key advantages. First of all, it has wide global acceptance, which allows you to carry out transactions in more than 200 countries and in multiple currencies, facilitating international payments. Additionally, its buyer protection system provides additional security by guaranteeing refunds in case of disputes.
Another point in favor is that its mobile app is intuitive and integrates with numerous online stores. Thus, it is a convenient choice for shopping on the web. Obviously, to send money between two individuals, both must be registered in the application. However, this is not usually a big problem, due to the great popularity of this platform.
Info on PayPal
MoneyBeam
MoneyBeam, N26’s instant payment service, stands out as an option for this entity’s clients. There are many advantages associated with this service. Without going further, It is completely free and has no commissions, which reduces costs for users. MoneyBeam allows you to send money in real time to contacts through mobile numbers or emails, very similar to Bizum.
However, its main limitation is that it is only usable between N26 clients, which restricts its reach and makes it a less versatile option compared to other, more widely accessible instant payment services. In reality, it is the same limitation as PayPal and other alternatives, but without having such a high user base.
Info on N26
Bnext
Bnext is another alternative that you should follow closely to send and receive money instantly. It has the usual functions, such as possibility of dividing the amounts or request money from a contact. Although it works better if all users are clients of the entity, a point in favor of this solution is that it also reaches those people who do not have an account. How do you achieve it?
Well, in addition to sending a request through the application, It also allows you to share a payment link. In this way, any user can send up to 100 euros directly from the browser. Of course, it only works to receive money, not to send it. Bnext continues to improve its service and will support payment scheduling in the future. Without a doubt, this is one of the alternatives to Bizum that you have to follow closely.
Info in BNext
Wallapop
Wallapop, the popular platform for buying and selling second-hand products, now includes a system to send money between individuals. This way, users can sell and buy a wide variety of items without having to use Bizum. The inclusion of a payment system facilitates transactions, providing convenience and security to users.
Buyers can now securely make payments directly to sellers through the app, streamlining the process and reducing costs. risks associated with cash transactions. This payment platform works both in face-to-face exchanges and in purchases or sales you make with shipping.
Info on Wallapop