# Bizum

> <p><strong>Ownership:</strong> Privately held<br><strong>Pricing:</strong> Free for P2P (most banks). Merchant fees apply for commerce flows.<br><strong>Known for:</strong> Spanish mobile P2P payment system launched 2016 by 27 Spanish banks (Santander, BBVA, CaixaBank, Sabadell, etc.). 27M+ users — over 55% of Spain's population. Tied to your phone number, processes transfers between Spanish bank accounts instantly. The dominant Spanish P2P payment app. Almost every Spaniard under 60 uses it. Splitting a bar tab via Bizum is now a national reflex.<br><a href="https://bizum.es">https://bizum.es</a></p>

https://bizum.es