Bizum Pay Reaches 1.6 Million Terminals, but Faces Delays in Shops
Bizum Pay is a new way to pay in shops in Spain. It works with a phone, like other payment apps. Now, 1.6 million terminals in Spain can accept Bizum Pay. A terminal is the small machine in a shop that takes payments.
But there is a problem. Many shops still cannot use Bizum Pay. There is no clear date for when all shops will have it. A shop worker said, "We have no planned date."
Spain has a new law about this. The law says every person has the right to pay with Bizum in any physical shop. A physical shop is a real shop, not an online one. This is now official, which means it is a real rule from the government.
The European Union (EU) is also interested in Bizum. The EU wants its own European version of Bizum Pay. This could help Europe be less dependent on big companies like Visa or Mastercard. Being dependent means needing something a lot. The EU wants protection from possible U.S. sanctions. Sanctions are punishments one country puts on another.
Vocabulary15 words
- payment
- money given for something
- terminal
- small machine that takes card or phone payments
- right
- something you are allowed to do
- official
- real and approved by the government
- European Union
- a group of European countries working together
- dependent
- needing help or something from another
- sanctions
- punishments against a country
- law
- an official rule
- shop
- a place where you buy things
- app
- a program on a phone
- phone
- a device used to call or use apps
- system
- a way of doing something
- citizen
- a person who belongs to a country
- government
- the group that runs a country
- protection
- keeping something safe
Quiz
Answer key
1. 1.6 million 2. Pay with Bizum in physical shops 3. False
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Bizum Pay is a new way to pay in _____ in Spain.
It works with a _____, like other payment apps.
Now, 1.6 million _____ in Spain can accept Bizum Pay.
But there is a _____. Many shops still cannot use Bizum Pay.
A shop worker said, "We have no planned _____."
Spain has a new _____ about this.
The law says every person has the _____ to pay with Bizum in any physical shop.
This is now _____, which means it is a real rule from the government.
The _____ (EU) is also interested in Bizum.
The EU wants its own European version of _____ Pay.
This could help Europe be less _____ on big companies like Visa or Mastercard.
The EU wants protection from possible U.S. _____.