“Haircut” and ceiling for 3 years on fees and commissions on transactions up to 10 euros with cards via POS for small retail businesses such as convenience stores, bakeries, kiosks and taxis, “green light” to 4,000 businesses on the list of Teiresias to to be able to acquire “machines” and accept card payments as well … Read more
End of time for POS interface with cash registers. The deadline expires on Tuesday and the imposition of fines on those who have not complied begins. The sand is running out in the hourglass and the few businesses, around 5% – 6% of the total, that have not complied should do so immediately if they … Read more
The Minister of National Economy and Finance Kostis Hatzidakis announced a legislative regulation that will reduce by 50% the charges of banks at POS. The relevant amendment is expected to be tabled this week or next week at the latest in Parliament. As Mr. Hatzidakis said, the charges for small amounts are high and after … Read more
24.04.2024, 07:28 What woke up the banks from their “slumber”, the Hatzidakis trap with POS and the indestructible Titan Goldman’s “fuel” in the banks #24.04.2024 #woke #banks #slumber #Hatzidakis #trap #POS #indestructible #Titan #Goldmans #fuel #banks
No additional extension will be given to the interconnection of cash registers with POS, which has entered the final stretch according to the assurances of the Ministry of National Economy. Based on the data made public by AADE, the vast majority of businesses have fully complied, either by completing the interconnection, or having started the … Read more
The AADE is putting special inspection crews on the streets from today, which will visit street markets, stop and check taxis, pass by kiosks as well as theaters, cinemas and even festivals. The auditors are targeting professionals from 35 industries who will need to have a POS for their customer transactions. Those found not to … Read more
Card payments via POS should be accepted from Monday, April 1st by tens of thousands of businesses and freelancers who join the list of 35 new branches where the mandatory use of card payment terminals has been extended. The measure affects 110,000 businesses and professionals from taxis and street market vendors to kiosks, insurance and … Read more
The Ministry of National Economy and Finance has two open fronts in POS interface with cash registers. On the one hand, the ministry is pressuring businesses to finish connecting the POS, having given a deadline for the completion of the project, and on the other hand, it is putting pressure on banks and providers to … Read more
Banks are planning to “cut” the commission they charge for “small” transactions made electronically using POS after the new market conditions, with the mandatory installation of the devices in 35 more retail branches including kiosks, convenience stores and street markets. The pressures that have been exerted for a long time by certain industries, first of … Read more
The deadline for the interconnection of cash registers with POS is being extended, which expires tomorrow, Thursday 29/2. The final decisions will be made on Thursday by the Ministry of National Economy after weighing all the data regarding the number of businesses that have not initiated the relevant procedures, the delays recorded in the upgrade … Read more