Bizum

This revolutionary service means individuals can make payments to each other instantly using nothing but their mobile phones. No top-ups required and it's completely secure.

The Bizum system is not a stand-alone app; it's part of the CaixaBankNow app.

If you want to send and receive money, you need to register first on the Bizum system through the CaixaBankNow app.

1. Download the CaixaBank app from the Google or Apple stores (compatible with iOS and Android 5.0 or later).

2. Go to "Carry out transaction" and select the option "Use Bizum". If you haven't registered yet, you can do so quickly in two simple steps. You will be asked for authentication using your coordinates card or the CaixaBank Sign app.

3. Select the transaction you want to carry out in "Send or request money" and select or enter the recipient's contact number.

4. Enter the amount you want to send and select the account from which you will send it.

5. Finally, enter the description and confirm the transaction.

6. If the recipient is registered, they'll receive the money or request instantly. If not, you can send them an SMS notification to register.

7. If the recipient registers within 48 hours, the money will be sent instantly (it will never be blocked before the recipient registers).

To guarantee the service is secure, a number of transaction and amount limits between individuals are in place. You can send from €0.50 up to a maximum of €500 per transaction, with a limit of €2,000 per day, and taking into account that you can't exceed a total monthly limit of €5,000. In addition, you can receive up to 60 transactions in a month, for a maximum of €1,000 per transaction received, and a daily total amount of up to €2,000 per NIF.

You can make purchases of up to €1,500 per operation and day. The maximum weekly and monthly cumulative amount is €4,000.

With Bizum you can pay for bets for up to €500/transaction.

Due to current legislation, you can only collect prizes of up to €2,000 with Bizum.