Sipay`s payment gateway becomes the first certified Spanish PSP to offer Bizum’s payment method in multi-acquirer mode to merchants.

Thanks to this collaboration, merchants currently working with Sipay or those who decide to integrate their payment gateway, will have the option to include in their checkout process the possibility of paying for their purchase with Bizum, thus exponentially increasing their conversion rates and building customer loyalty.

Currently, 13 million users use Bizum to send money between people, or buy online, and more than 254 million transactions have already been made. Today there are already 7,000 businesses adhering to this platform and 2,200 NGOs to which users can make donations.

Bizum was born in 2016 as a joint innovation project of the Spanish banking industry with the aim of extending and universalizing immediate payments between people, providing them with convenience, speed, and security. Over time, Bizum has expanded its services to payments in e-commerce, improving the user experience in their purchases on the Internet and helping companies that have an online store to improve their conversion rates, seeking to become the preferred payment solution for users.

Sipay is a payment gateway specialized in the development of intelligent and innovative solutions for commerce, adapted to each sector and business, for physical and online commerce. The company has more than 25 years of experience in payment methods that allow it to know and advise each client to bring the greatest value to their business.

Of course, all Sipay’s merchants have a transaction query tool that allows them to control and manage the operations of their stores through a single platform and see-through personalized dashboards, the global vision of their business, clearly seeing the positive impact of offering payment methods such as Bizum. In addition, the visualization of this information will undoubtedly help them to make strategic business decisions.

José Luis Nevado, CEO and founder of Sipay comments “our main objective is to offer simplicity and invisibility in the payment process. Giving our clients the possibility to offer final consumers an increasingly common payment method such as Bizum, makes the checkout process more adapted to them, making the process easy, secure and, above all, comfortable.  It is essential to achieve the best experience and offer each user the payment method that best suits him”.