Bizum has changed its conditions this Tuesday, June 15. The most striking is that modify the maximum monthly number of transfers that can be received through this service. It drops from 150 to 60. This will be, from now on, the maximum limit per month, although banks may set the number of transfers below 60.
I know they will be able to send more money than that established maximum limit, but we can only receive 60 transfers. That is, money can be sent as many times as a user wants, but only 60 shipments can be received and you can only make 60 requests per month.
Bizum is a platform through which money can be sent through an integrated system in the application of each bank, so no need to install any extra app on mobile devices. What’s more, you don’t need to know the other user’s account number to send money. You only need to know your phone number.