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📢 New Reporting Requirements for Bizum (15-12-2025)
Starting in February 2026, financial institutions will be required to report monthly to the Tax Agency (AEAT) regarding payments received via Bizum by businesses and professionals.
🔹 What exactly is changing?
Banks will now provide a monthly summary of the total billing accumulated through Bizum for those registered as businesses or professionals. This measure was approved in April 2025 to increase transparency in digital payment systems.
🔹 Does this affect personal transfers?
No. This is the most important takeaway:
- Personal Use: Transfers between individuals (splitting a dinner bill, gifts, etc.) remain excluded.
- Business Use: Only payments received by businesses or professionals established in Spain are reported.
🔹 What information will be shared?
For businesses using Bizum, banks will report:
- Full identification of the professional/business.
- Merchant number and point-of-sale (POS) terminals.
- Total monthly amount billed via Bizum.
- The bank account linked to these collections.
Key Fact: The Tax Agency is not looking at every individual transaction. They receive an aggregated monthly total for each business, not a line-by-line list of who paid whom.
