No more of this money can be sent via Bizum

“I push and you make me Bizum». You have surely used this phrase, not just once, but on more than one occasion in recent months. and that is Mobile app It has become so integrated into our lives that we have developed a unique language around it. In this way, phrases like “Make me Bizum and I'll buy it for you,” or “Can you pay with Bizum?”, have become part of our everyday vocabulary. However, this is due to the widespread use of the application itself.

Bizum undoubtedly became one of payment methods Currently most used in Spain. An application found in ease of use, efficiency and freedom, the three pillars of its success. Well, we should not forget that in an era where haste has become necessary, any method that wastes our time will be of no use.

However, Bizum contains many of the keys that any new development today needs to succeed. As we commented previously, effective. Well, with the click of a button, we can send and receive money instantly, and even make business payments. As if that wasn't enough, it was done Via mobile phone, a device that is undoubtedly one of the other extremes that we have today. Well, whatever we have to do, it has to be done through this device.

As if that wasn't enough,…Complimentary. We must not forget that banking entities have been developing applications for years in order to reach their customers through… electronic devices Like a mobile phone. But also getting used to carrying out any management in this way. However, there are still common procedures such as financial transactions, which have an additional cost. Because of this, Bizum was able to outsmart any entity, despite its use.

Bizum sets his own limits

Despite all the advantages we mentioned above, Bizum is not a perfect app. At least, if we ask users, there are certainly more features they could add or even limitations that they might ignore. Because the truth is that Bizum has set a series of limitations to manage its application.

One of the limitations that catches the user's attention the most is that they have a maximum amount of funds that can be sent. Any amount allowed to be sent, It is bounded by a maximum and a minimum. The goal of this procedure is to ensure the security of transactions. On the other hand, Bizum thus prevents the use of its application as a means of violating tax laws.

The maximum amount of money you can send

Bizum has established a series of rules, aimed at limiting the funds that can be sent through the application. The reason for these limits is that Bizum It is not a banking entityTherefore, in order not to conflict with the tax laws of the different countries in which it operates, it has a certain series of rules.

In this sense you should know that The maximum amount you can send in one day via Bizum is 2,000 EUR. Moreover, the number of operations you make for these transactions is 60. Finally, you should keep in mind that over the course of a month, the maximum money you can send using this application is 5,000 euros.

But the same transactions also have their own pre-defined restrictions. This way, the maximum amount you can send via Bizum One transaction is 1000 euros. Conversely, the minimum charge is 50 euro cents.