May 18, 2026, will be a date etched in the history of Bizum, the Spanish payment services provider par excellence. This Monday, its BizumPay platform will land in shops, bars, and restaurants to present itself as a payment alternative to conventional debit and credit cards, a universe until now dominated by North American groups like Visa or Mastercard. The news excites banks and European institutions, who are looking for new ways to reduce dependence on the United States in all sectors. However, commerce greets the measure with doubts and a rather limited initial implementation is expected.

One in five people in Spain prefers to pay in cash rather than using electronic means. That's low. In fact, it's the lowest percentage in Europe. This is according to [source missing]. a study by the consulting firm PwC Fresh out of the oven. And everything indicates that this trend can only grow, with the explosion in the use of Bizum and its future rollout on a European scale.

Starting January 1st, the Spanish Tax Agency will intensify its monitoring of Bizum transactions made by professionals and businesses, as well as all card transactions exceeding €25,000 annually. These measures were outlined in Royal Decree 253/2025 of April 1st. Financial institutions (banks, payment institutions, and electronic money providers) will now be required to report all such transactions to the Tax Agency each month.

A few months ago it became known that the citizens of Spain are some of the users who use the Bizum application the most to make instant transfers from all over the world. Due to the increased use of this app, the Treasury is putting its focus on banking transactions made through Bizum by adding new controlsThe latest development from the Tax Agency is the tracking of all transactions, regardless of the amount involved, which represents a radical change in financial control.

Starting this April 2, the income tax campaign begins and, in view of this year's declaration, It's easy for doubts to arise about how to do it correctly. The Treasury is also intensifying its control over tax fraud and new forms of payment. One of them, bizumas: : Do they have to be declared? We explain the tax regulations and everything you need to keep in mind.