We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept', you can reject all cookies by pressing 'Reject', or you can customize your choice by pressing 'Manage'.
Bizum for minors
If they're old enough for a mobile phone, they're old enough to use Bizum.
Bizum is a secure way to send and receive funds through their phone. They'll learn how to manage and appreciate the value of their money with a tool they've grown up with.
- The service is free for minors between the ages of 14 and 17 who hold a Mini account.
- As the minor's guardian, you're the one who sets, authorises and changes the limits.
This is how Bizum for minors works:
What is it for?
They can use Bizum to request or send money through their phone to another person – for example, to contribute to a joint gift with their friends – without using cash.Who can they use it with?
They can use it with anyone who is registered with the Bizum service. Nowadays, nearly every bank offers this service.What about control?
As the parent or guardian, you have control. You set the limits, whether daily, weekly or monthly.Want to set up the service? You can do this from the website or app.
You need to do this together, as we will complete the registration by sending a password to your child's mobile phone to confirm the phone number they will use to send and receive Bizums.
Through the website:
-
Open the “Services” tab on your global position page and click on “Account management”.If you haven't already done so, the first thing you will need to do is give read-only passwords to your child by clicking on the three dots you will see to the right of their name.They can then use these passwords to view their account but they won't be able to perform any transactions. In the specific case of Bizum, they can use the read-only passwords to check their balance and the number of Bizum transactions they've performed.
-
Next, click again on the three dots and select “Register Bizum”.We'll ask you to assign a maximum amount they can use with Bizum from their Mini Account. The amount can be daily, weekly or monthly. We have our own limit, which is a maximum of €200 per transaction.
-
Last but not least, authorise the service.As the parent or guardian, you will have to confirm the service request. We will then send a password to your child's mobile phone so that they can confirm the phone number from which they will perform transactions, i.e. the number they will use to make and receive payments through Bizum.
Through the app
-
Access the details of your child's account, tap Transaction and then select “I want to perform another transaction”.
-
Next, select “Account Management”.If you haven't already done so, the first thing you will need to do is give read-only passwords to your child by clicking on the three dots you will see to the right of their name.They can then use these passwords to view their account but they won't be able to perform any transactions. In the specific case of Bizum, they can use the read-only passwords to check their balance and the number of Bizum transactions they've performed.
-
Next, click again on the three dots and select “Register Bizum”.We'll ask you to assign a maximum amount they can use with Bizum from their Mini Account. The amount can be daily, weekly or monthly. We have our own limit, which is a maximum of €200 per transaction.
-
Last but not least, authorise the service.As the parent or guardian, you will have to confirm the service request. We will then send a password to your child's mobile phone so that they can confirm the phone number from which they will perform transactions, i.e. the number they will use to make and receive payments through Bizum.