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[BUSINESS] · Austria, Spain · 4 sources

Digital payment services Mercado Pago and Bizum expand use cases

Mercado Pago is being promoted as a deposit option for online casino platforms, with guidance on how funds are transferred, verification steps, processing times and withdrawal limits. The service stresses the need for matching account holder names, completing KYC checks and monitoring limits to avoid delays or rejections, while reminding users that fast deposits do not guarantee instant withdrawals.

Bizum, originally a peer‑to‑peer money‑transfer app in Spain, is rolling out support for in‑store purchases. Users will be able to pay at physical retailers by confirming the transaction from their banking app, offering a card‑free alternative that aims to compete with Visa and Mastercard. The rollout is presented as a way to give Spanish consumers more payment options and reduce reliance on international card networks, while providing merchants a popular, mobile‑first payment method.

Entities: Bizum · Mercado Pago