{"id":180603,"date":"2025-10-30T00:15:54","date_gmt":"2025-10-30T00:15:54","guid":{"rendered":"https:\/\/teknomers.com\/en\/if-you-spend-over-25000-euros-a-year-with-your-card-they-will-require-more-information-than-just-your-pin\/"},"modified":"2025-10-30T00:15:55","modified_gmt":"2025-10-30T00:15:55","slug":"if-you-spend-over-25000-euros-a-year-with-your-card-they-will-require-more-information-than-just-your-pin","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/if-you-spend-over-25000-euros-a-year-with-your-card-they-will-require-more-information-than-just-your-pin\/","title":{"rendered":"If you spend over 25,000 euros a year with your card, they will require more information than just your PIN."},"content":{"rendered":"\n

The Shift Towards Digital Payments: A New Era in Financial Regulation<\/h2>\n

As our society embraces technology, \u00a0cash\u00a0 is becoming increasingly obsolete. Consumers find immense \u00a0convenience\u00a0 in the ability to make transactions quickly and easily via \u00a0mobile payments\u00a0, reducing the need for \u00a0physical cash\u00a0. However, starting on January 1, 2026, the \u00a0Treasury\u00a0 will impose more stringent regulations on payments executed with bank cards, marking a significant shift in how financial activities will be monitored.<\/p>\n

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Under the new guidelines, whenever a bank card accrues more than \u00a025,000 euros\u00a0 in annual expenditures, financial institutions will be required to submit an \u00a0annual informative return\u00a0 detailing these transactions to the Treasury. This regulation aims to bolster transparency and aid in \u00a0fraud detection\u00a0, ensuring that substantial capital movements are adequately accounted for.<\/p>\n

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Payments exceeding 25,000 euros must be declared<\/strong>. These changes are part of a broader regulatory modification enshrined in the Royal Decree 253\/2025<\/a>. The intent is to keep financial operations transparent and well-documented, as cash transactions become increasingly rare.<\/p>\n

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The scope is expanded<\/strong>. Previously, regulations mandated that businesses and professionals report card and \u00a0Bizum\u00a0 transactions exceeding \u00a03,000 euros\u00a0 annually. The new regulations extend the mandate to all card charges across any payment method, including both physical transactions and online platforms linked to phone numbers. This means that the guidelines will affect not just traditional credit or debit card transactions, but also extend to mobile payment systems like Bizum.<\/p>\n

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“Banking or credit entities, along with other organizations that offer collection management services through cards, including various functions such as cash, debit, credit, and electronic money, must comply,” the regulations explicitly state.<\/p>\n

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Differentiation between companies and individuals<\/strong>. The new norms delineate between transactions conducted by businesses and individuals. However, both types of entities must report any movements exceeding \u00a025,000 euros\u00a0 annually. The updated rules eliminate minimum limits for self-employed individuals and businesses, meaning that all payments, no matter how small, must be conveyed to the Tax Agency. This change increases the scrutiny on \u00a0commercial operations\u00a0 executed through card or mobile payments.<\/p>\n

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Conversely, individual consumers will only face exhaustive tax scrutiny if their card expenditures hit significant annual thresholds. For the average citizen, the challenge of navigating financial regulations is frequently less daunting.<\/p>\n

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What information is reported?<\/strong> According to Article 38ter, which modifies the new Royal Decree, financial institutions now have specific requirements when notifying the Treasury about cardholders and their expenses. Here\u2019s what must be reported for individuals or entities that spend over \u00a025,000 euros\u00a0 per year on card transactions:<\/p>\n

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