Exactly.com, a payment provider dedicated to helping UK e-commerce businesses scale efficiently without scaling their costs, has enhanced its platform by adding Bizum, a key Spanish alternative payment method, to its portfolio. This strategic integration enables UK merchants to strengthen their local presence in Spain and boost revenue streams.

_{Bizum has emerged as a leading mobile payment solution in Spain, offering instant transfers directly between bank accounts via users’ mobile numbers. Designed for convenience and speed, it integrates seamlessly with banking apps and facilitates both peer-to-peer payments and e-commerce transactions.}

_{Supported by over 35 Spanish banks, Bizum boasts more than 27 million users and processes an average of 2.5 million transactions daily. The payment method is growing rapidly in popularity, with nearly 50% of Spanish consumers using it for online purchases, including mobile shopping and social commerce (TikTok, Instagram), driven by the country’s younger demographics (Gen Z & Millennials).}

_{Bizum is accepted by over 50,000 e-commerce merchants across the country, and its inclusion in Exactly.com’s portfolio means UK merchants can reach more shoppers in Spain, which currently ranks fourth in Europe for online retail sales, following the UK, Germany, and France.}