Royal Decree 253/2025—published in the Official State Gazette (BOE) on April 2—eliminates the minimum threshold that required financial institutions to report only the largest "Bizum" transfers. Starting January 1, 2026, the Tax Agency will receive a monthly report containing all transactions involving a company or self-employed worker, regardless of the amount. The goal: to strengthen tax control over the country's most popular mobile payment method and curb fraud.
What exactly changes?
The decree repeals the €10,000 limit (in practice, €3,000 in some cases) that previously triggered the reporting obligation. From 2026:
- Comprehensive coverage. Each Bizum where one of the parties is self-employed or a company must be recorded in a file that the bank will send to the Treasury every month, with the identity of the recipient, the associated account, the business number or “alias” and the accumulated amount.
- No effects on individuals. Strictly personal transactions—between two consumers—will remain excluded from the new information provision scheme, unless they exceed the general anti-money laundering thresholds.
- Coordination with other media. The plan is part of a strategy that also expands control over card payments and contactless platforms, according to sources from the Ministry of Finance.
Why has Bizum become the focus?
Bizum closed 2024 with 28.2 million users and a daily average of three million transfers (35 per second). In e-commerce, it processed 58 million purchases worth €3.107 billion. The Tax Agency itself acknowledges that many businesses, especially in the hospitality and personal services sectors, have replaced cash with Bizum to avoid the €1,000 limit on cash payments.
Risks and recommendations for the self-employed
Those who mix professional and personal payments in the same account may find themselves with massive requirements or inspections because the nature of each income cannot be easily distinguished. Tax advisors recommend:
- Separate account. Maintain a specific IBAN for the activity.
- Clear reference. Always add the concept with the payer's NIF or invoice number.
- Monthly reconciliation. Cross-reference Bizum statements with accounting and Form 130 or 303.
Sanctions and deadlines
Non-compliance does not fall on the user—who will not have to submit anything—but on the financial institutions, which face penalties of up to €60,000 for incomplete or late data. For taxpayers, the danger arises if automatic cross-checks detect discrepancies between declared income and "bizums" received; in this case, the inspectorate may require supporting documents and, if concealment is found, apply surcharges and fines of between 50% and 150% of the defrauded amount.
Next steps
The decree gives banks nine months to adapt their systems before the regime starts. January 1, 2026Meanwhile, the Tax Agency will publish a standardized reporting template and a technical manual for entities. For the more than three million self-employed workers who already use Bizum, the upcoming fiscal year 2025 will be crucial to establishing order and avoiding surprises when the tax authorities begin to scrutinize every transaction.
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