“Time for Change: Government Continues Efforts to Reduce Commissions on POS”

One of the thorniest arguments of the last financial maneuver is back in vogue. The Meloni government promised the traders that up to 30 euros (initially there was talk of a threshold of 60 euros) there would be no obligation that would trigger the sanctions and, as Repubblica reports, the right solution is still being studied to bring completed this mission. In particular, at the beginning of March a table was set up at the Ministry of the Economy to produce a final plan, starting with a cost cut for digital payments up to 10 euros, then reducing them to 30. But the balance still needs to be found.

“In any case, optimism filters and, net of the extra-time, the aim is to update the table immediately after Easter to close everything, is the expectation at the Mef, for half the month” the reconstruction of the timing provided by the newspaper, which therefore makes think of a happy ending soon. To complicate the situation, slightly extending the expected times, there is the fact that in Italy there is great variability among the offers of POS operators, with numerous cost items that do not allow for an easy comparison. “That’s why synthetic indicators that are easier to understand, as happens for other banking and financial products, would make life easier for merchants and promote a leveling of costs” the idea that can make the decisive leap on the issue of commissions.