Regulation comes into force that forces businesses to accept electronic payments

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

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

UK regulator investigating Visa and Mastercard fees

UK regulator investigating Visa and Mastercard fees

– Visa and Mastercard logo The supervisors explained the focus on Visa and Mastercard with the market share of the two companies. – (Foto: imago images/Pius Koller) – – – – London The British supervisory authority for payment systems is examining the fee structure of the credit card providers Mastercard and Visa. The Payment Systems Regulator … Read more

ATM withdrawals, check the Tax Office

ATM withdrawals, check the Tax Office

With the latest measures approved by government in an effort to help families in difficulty for the economic crisis and the price increases unprecedented (in the week the Energy decree was approved), new regulations also come into force concerning the fight against tax evasion. The executive headed by Mario Draghi seems to have chosen the … Read more

Taxes, tightening on Pos controls: what changes

Taxes, tightening on Pos controls: what changes

Change the method of transmission of data on payments with credit cards and debit cards, in contrast to tax evasion. There government squeeze on Pos arrives during the examination of Legislative Decree Pnrr 2, in which, among the various measures, the elimination of the obligation to send daily data on purchases with electronic money is … Read more

a package of anti-cunning measures is coming

a package of anti-cunning measures is coming

In addition to the reform of the Land Registry also the hunt for the crafty ones who don’t pay taxes: the Draghi government is betting on fight against tax evasion to hit the target of reduce it by 40% by 2026. A move that is not easy and hampered by the forces that support the … Read more

World’s largest credit card issuers suspend business in Russia

World’s largest credit card issuers suspend business in Russia

– Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. – (Photo: dpa) – – – – Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. … Read more

ATM, pay attention to the maxi fine: who risks

ATM, pay attention to the maxi fine: who risks

It comes back to talk about many that concern those who do not use the Pos, that is the electronic payment terminals with which it is possible to make purchases with credit and debit cards and other alternative methods to cash. In recent days the news had leaked according to which the sanctions would have … Read more

Credit cards: which ones stop working and when

Credit cards: which ones stop working and when

Technology changes and so does a tool that we use on a daily basis. Mastercard, giant of digital payments, has in fact announced that it will disappear band magnetic, present on all credit cards for about 50 years. The little strip was revolutionary. It has in fact allowed greater security and real-time authorization of transactions, … Read more

Twitter CEO Sells NFT His First Tweet For Millions Of Dollars

Twitter CEO Sells NFT His First Tweet For Millions Of Dollars

– Twitter-CEO Jack Dorsey Dorsey donated the majority of the auction proceeds to an aid organization – in Bitcoin. – (Photo: Reuters) – – – – San Francisco TwitterCEO Jack Dorsey auctioned a digital version of his first tweet for $ 2.9 million. The tweet “just setting up my twttr” from March 2006 was from … Read more