Have you made a mistake in Bizum? How to recover money sent by mistake

Actually, Bizum became the payment system used in one third of online shopping The platform has been registered since its arrival on the Spanish market. And its use continues to grow. Currently, Bizum has the opportunity to pay “a total of 50,558 million euros, 50,000 of which are peer-to-peer payments, with an average of 51 euros per operation,” as the payment platform announced.

How to cancel a post on Bizum

However, despite the widespread use of this form of subscription, there are still many doubts about the functioning of Bizum. One of the most frequently asked questions among users is whether money exchanges made on the platform can be refunded. In other words, Is it possible to cancel Bizum after it has been completed?

Well, they answer this directly from themselves Bizum platform where the company explains what happens when you make a mistake and want to cancel a post.

Although there is information that this is the case, the truth is that it is almost impossible to cancel a subscription made through Bizum. And the transfer between the person sending the money and the bank account of the person receiving it almost automatic. The payment platform details that the payment was made in less than 5 seconds, making it almost impossible to go back.

Moreover, Bizum directly ensures that the money transfer is not canceled after it is made. Another thing is when they ask us to pay something: in these cases we have up to 7 days to accept or reject the request, but financial payments are instant. Therefore, it is best, as Bizum advises, to carefully examine to whom the money was sent and what amount was transferred.

There’s nothing better than spending a few seconds doing this. verify all data on the control screenIt is the last one that usually appears before sending the payment, in addition to adding the contact information of the people we pay through Bizum to the phone book. This is actually the best way to avoid possible errors when entering the number of the person receiving the money.

How to fix an error in Bizum

Even so, if you made a mistake and sent a payment to someone you shouldn’t have, it’s best to write to them and tell them it was a mistake and request a refund. Be careful, because he will only do this if he wants to (he has no obligations and you cannot cancel the surgery, remember), so you will be tied hand and foot and at the mercy of the person taking the payment.

Although Bizum guarantees that the loan transaction cannot be canceled after it has been completed, the truth is that it also points out the possibility of checking the options offered by contacting the bank. If your financial institution allows you to cancel banking transactions, you should follow these steps:

1. Open Bizum on your mobile phone and access your account.

2. Find “Transaction History” or “Transactions” and select the transaction you want to cancel.

3. Once checked, search for and select “Cancel transaction” or “Cancel payment.”

4. Confirm the cancellation of the transaction. In some cases it may be necessary to provide an explanation as to why the payment was cancelled.

5. If everything goes well, you will receive a notification that the transaction has been canceled and the money will be returned to the sender’s account.

However, it is worth emphasizing this once again; Bizum operationIt is not always possible to cancel. If the buyer has already received the money, the money may not be refunded unless they voluntarily decide to return it. Therefore, it is necessary to insist once again on the need and importance of verifying all information before confirming any Bizum transaction.