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Bizum's New Lock: Now, Sending Money to a Wrong Number Has Become Unrecoverable

Summary by Moncloa
The comfort of Bizum has become an indispensable tool for millions of Spaniards, but it hides a trap that can come out very expensive. Sending money to a wrong contact, a waste as human as typing a wrong number or selecting the wrong recipient on the agenda, has become an almost irresolvable problem. Unlike traditional transfers, which offered a small margin for rectification, the immediacy of this system makes it a high risk operation, a proble…
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The comfort of Bizum has become an indispensable tool for millions of Spaniards, but it hides a trap that can come out very expensive. Sending money to a wrong contact, a waste as human as typing a wrong number or selecting the wrong recipient on the agenda, has become an almost irresolvable problem. Unlike traditional transfers, which offered a small margin for rectification, the immediacy of this system makes it a high risk operation, a proble…

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Moncloa broke the news in on Saturday, July 26, 2025.
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