wizz is a 100% digital financial service proposed by BBVA. This new proposal, which was born under the motto of "Connected money", is a simple and effective way to do payments between individuals, Online shopping o pay with your mobile. Wizzo is the first BBVA digital native product in Spain with which this bank to create a totally new category within financial services.
Wizzo is a mobile web app for iOS and Android, which streamlines payments between individuals, which allows scarry money from an ATM without a card and other very innovative functionalities. In addition, Wizzo users can also request a physical card or a 'contactless' sticker, which allows making payments from the mobile phone.
Wizzo is fully hired online and it is open to the general public, whether or not it is a BBVA customer, although it is a product aimed especially at YOUNG for which Wizzo can represent your first contact with a financial service. To open an account with Wizzo, all you have to do is register on their website.
Luis Uguina, Head of New Technologies at BBVA, affirms in this regard that "Wizzo represents the appearance of a completely new product, which involves connecting our money with our online life in a very simple and effective way via mobile phone or the web."
Hugo NajeraBBVA's Chief Innovation Officer adds that “with Wizzo we are competing head-to-head with a whole new series of highly successful digital gamers. BBVA wants to reach this market with an innovative service but with the strength and experience of our Group ”.
Moving social networks to the world of transactions
Wizzo is a great step into the future vision of the BBVA group, where the reinforcement of digital services they take on special relevance in a context of constant change and growing competition. Thus, Wizzo combines the best of the virtual world with the physical world and allows us to transfer the concept of social media to the world of transactions.
Wizzo users build their own social network with the peculiarity that their focus is on payments, purchases and savings. Thus, users can invite your friends and create a network of contacts and make payments between individuals (known as 'peer to peer' payments) as easily as sending an SMS. In this way, Wizzo eliminates the need to know the digits of the current accounts and facilitates the making transfers, for which you only need to know the Wizzo username and the email or mobile number of the recipient to whom you want to send money.
One of its most innovative features is the possibility of make boats online, which means a unique system to organize group purchases. In this way, Wizzo digitally solves the task of collecting the money when there is a purchase to be paid in a group (as a gift) to be made. This functionality has the possibility of setting an amount for each participant, claim it, act it, and know who has participated in the fund and who remains to contribute their part.
Options: Debit card and 'contactless' sticker
Auqneu Wizzo allows to take money out from any BBVA ATM without having a card, if you want to have a card, you just have to request it. This physical card has the same functionalities as a Visa debit card. You can also request a 'contactless' adhesive which, attached to the mobile phone, will allow payments to be made simply by bringing the terminal close to the dataphone.
See how Wizzo works
https://www.youtube.com/watch?v=6c-4HsQmuzQ
Wizzo brings a really fresh and innovative concept to the offering of digital services, with which BBVA is materializing the most disruptive side of its innovation strategy to position itself at the forefront of the new generation of financial applications.
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