Bizum has been a game changer for many people. No more after dinner guilt, no bulky bills to juggle, and no spiraling debts. For years this banking feature has enabled instant transfers to friends and contacts who also use Bizum in their banks.
In recent months a rumor began to spread that has unsettled the public: that Bizum is a paid service. To date, there has been no charge to use the platform.
How much money can you send through Bizum?
The rumor emerged from a post by a high profile user who claimed the tool would start charging fees. Within hours a wave of panic swept across the internet, and doubts multiplied as the chatter moved through online threads and reached WhatsApp groups. This spike in speculation showed how quickly misinformation can travel when it touches a financial service used by millions. The claim suggested a monthly fee of ten dollars or more and cited an alleged executive statement as the source of the change. The credibility of such messages relies on their spread, not their substance, which is a hallmark of misinformation campaigns and social media hoaxes.
The assertion appeared in a post that warned Bizum would begin charging starting May 16, 2022, claiming an anonymous CEO had announced the shift. The post even hinted at a workaround that would exempt users from any payment by simply sharing the message with a broad audience. Such tactics are typical in fake chain messages that try to exploit fear and uncertainty to create a surge of interest and abrupt panic.
Is it true that Bizum will be paid?
The key to debunking this hoax lies in the closing line of the original post which urged recipients to forward the chain to all contacts in order to avoid fees. The message also referenced a non existent policy that would make the service free for those who participate in the chain. This is a classic example of how misinformation exploits a sense of urgency and collective action to push a false narrative. When people encounter such rumors, the prudent response is to seek confirmation from verified sources and to check official statements from the company or trusted media outlets.
Social networks are fertile ground for hoaxes and imprecise information. They can create alarm in a matter of hours, often with no factual basis. The responsible approach is to turn to official channels such as the company’s own communications, the published news section, and recognized media coverage. In addition, reputable technology and finance outlets typically verify claims before publishing them, which helps prevent the spread of misinformation.
Soon after the spread of the fraud was noticed, Bizum responded with a lighthearted clarification on social media. The post suggested a humorous counter approach: if someone writes Bizum three times and shares the message with their address book, they will supposedly be exempt from any Bizum charges. This tongue in cheek response underscored the hoax and reminded users that the service remains free to use as it has been since its inception. It also demonstrated how the company chooses to engage with its community in ways that defuse tension rather than inflame it.
The episode serves as a reminder that while social platforms can empower fast information sharing, they can also propagate falsehoods. Readers are encouraged to verify claims with trusted sources and to rely on official channels for updates. For those who want to stay informed, monitoring Bizum’s official communications and established media coverage provides a reliable barometer of truth versus rumor.