Pos and credit cards, double fine for those who do not accept them

The battle is not new, but it is not won. There are still shops and businesses that don’t accept electronic payments. There are those who say they do not have the Pos, who have broken it, who do not accept it below a certain amount. According to an estimate by the Codacons of 2021 “about 20% of merchants and artisans do not allow payments by cards”. The percentage is higher in Southern Italy and among professionals.

Now come new rules. Indeed yes anticipate rules that had already been programmed. The council of ministers approved a decree law to strengthen the implementation of the National Recovery and Resilience Plan for which the EU paid Italy the first installment of 21 billion euros.

Among the measures created to strengthen the fight against tax evasion, one of the Pnrr objectives, there is the early entry into force of the sanctions for those who do not use the Pos. Article 15 of the draft provides for the advance to next 30 June, from 1 January 2023 originally established, of the entry into force of the double sanction to those who do not accept payments by debit or credit card: 30 euros plus 4% of the transaction value.

He says no Confcommercio. “The spread of electronic payments must be pursued with the reduction of commissions and costs borne by consumers and businesses,” says the communiqué from the merchants. Favorable the Codacons. “This is a historic battle of the Codacons which for 8 years has been asking the Government and Parliament to provide for penalties for those shopkeepers who prevent their customers from paying with cards and ATMs,” says Carlo Rienzi.

The obligation to have a POS for electronic payments has existed since 2014, but there were no penalties for those who refused payments with cards and ATMs. There remains the demand of traders and consumers of cut fees on electronic payments. the tax authorities will ask for the mandatory sending of all transactions with digital currency.

The rules on traceability of payments establish a ban on cash payments exceeding € 1,999.99, From 2023 the threshold should rise to € 1,000, it had to do so already this year, but the rule has jumped. From € 2000 onwards, traceable systems such as non-transferable checks, wire transfers, credit or debit cards must be used.

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Source: Vanity Fair

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