Bizum has become, on its own merits, the fastest, safest method and how to send money to our friends and family allowing the end of the excuse “It’s just that I don’t have anything loose, I’ll pay you tomorrow.” Unlike other alternatives that were already available on the market, the money goes out and goes into the checking account where the phone number is associated, so we don’t have to make money transfers to an application’s wallet. But, as always happens, when a platform becomes popular, scams start to arrive, scams that we can avoid by using other platforms.
Bizum has a series of limitations that do not make it the perfect application. The main negative point is that only works in SpainIn other words, if we need to send money to a friend or relative who is abroad so that they receive it in their current account in their country, we will not be able to do so.
Also, oddly enough, not all spanish banks have adopted this technology to send money between accounts quickly and easily. Fortunately, most banks have done it, at least the largest ones, so this limitation should not be a problem. If due to the limitations of Bizum we do not have the possibility of using this platform to send money or we want to avoid the risk of falling for a scam, we can use one of the different alternatives that we show you below.
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The main limitation that we find when using Bizum, the possibility of sending money abroad, we will not find in Verse. We could say that Seeing yourself in the Bizum that works all over Europe so it is an excellent option to send or receive money in the old continent. The operation of this application is very similar to Bizum where we can associate a bank account or credit card to receive or make sporadic or recurring payments.
It is not as fast as Bizum, where transfers arrive in seconds. It works in a large number of stores, it allows you to create payment events, and we can create a kind of boat to be able to use it when we need it most, as a piggy bank. We can download Verse for iPhone and Android through its website.
PayPal
With more than 20 years in the market, PayPal is one of the most used platforms in the world to send money and pay for purchases in any store for free and completely securely. While Bizum works through a Spanish telephone number, limited its coverage to Spain, PayPal works with any email account, which allows us to use this platform to send money to any country in the worldreceive it or pay for our purchases without any type of commission.
PayPal works associated with a credit card and a checking account where we can send the money we receive, although the process takes a couple of days and is not as fast as Bizum. If you have an account on this platform, the solution offered by PayPal is ideal. PayPal is available through the web and for iOS and Android mobile devices.
Xoom
If we want to send money directly to a checking account without going through a platform like PayPal, we can also find the solution in PayPal through the Xoom platform. Xoom is a platform that allows us send money to a checking account from a large number of countries, as if we were doing a Bizum but if using the telephone number, but an email account.
With Xoom we can send money from our credit or debit card, send money to buy in stores and even send money to recipients and have them physically received at their doorstep. Although it is true that it is not a free service, the versatility it offers us to send money using different methods is worth it to cover the limitations of Bizum. Xoom is available via the web and for iOS and Android mobile devices.
