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Wireless

Spain's CNMC to monitor new m-payment service Bizum

Thursday 9 June 2016 | 09:43 CET | News
Spain's competition and communications regulator CNMC has pledged to closely monitor a new mobile payment platform to be launched by Spain's main banks in July, reports Expansion, citing CNMC president Jose Maria Marin Quemada. The new app, dubbed Bizum, is a joint project between the vast majority of Spain's banks, including Santander, BBVA, Caixabank, Sabadell, Popular, Bankia, Liberbank, Banco Cooperativo, BMN and Bankinter. Starting around mid-July, the service will initially allow users to transfer money in real time using their phones before introducing in-store payments and other

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Categories: Mobile & Wireless
Companies: Apple / Samsung / Telefonica
Countries: Spain
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