Spain
Expand Across Europe with Open Banking Infrastructure
Spain is one of Europe's most mature digital payment markets. Bizum has become one of the country's most popular payment methods for peer-to-peer transfers and merchant payments, while instant SEPA transfers continue gaining adoption among businesses.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
Supported Payment Methods
In Spain, Pay by Bank services, which facilitate direct account-to-account payments, have gained significant traction among consumers. A recent survey by Retail Banker International. indicates that 92% of respondents are familiar with this payment method, with a notable proportion utilizing it regularly for online transactions. The mentioned survey about Pay by Bank services in Spain, indicating 92% familiarity and regular usage among consumers, was reported by Retail Banker International. The data highlights the growing awareness and adoption of account-to-account payments as a preferred payment method in Spain.
speed
Reasons for Popularity
High Awareness and Usage: A substantial 92% of consumers are familiar with Pay by Bank, with many using it daily or weekly, especially among the 18-29 age group
Integration with Instant Payment Systems: The adoption of the SEPA Instant Credit Transfer (SCT Inst) scheme allows payments to be processed in real-time, 24/7, enhancing the appeal of Pay by Bank services
Consumer Preference for Security and Speed: Spanish consumers prioritize secure and swift payment methods, making Pay by Bank a favorable option for online transactions
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
