Electronic payments

Regulation comes into force that forces businesses to accept electronic payments

by
Regulation comes into force that forces businesses to accept electronic payments

As of December 2, a new regulation of the Ministry of Internal Trade (MINCIN) in Cuba came into force. The measure, published in the Cuban Gazette as Resolution 93/2023, was published a month ago and establishes a new requirement for companies that want to register in the Central Commercial Registry and are obliged to implement … Read more

Turkey and China stop paying with banks

by
Turkey and China stop paying with banks

ICBC-Filiale in Peking China’s largest bank won’t accept payments from Russian banks under Western sanctions. (Photo: Reuters) Industry Only a strong last quarter saved Russia’s banks from a year of losses in 2022. And currently it doesn’t look like this year will be any better. Because even banks from those countries that have so far … Read more