Are you going to pay for a coffee and a croissant at an ATM? Be prepared for a one euro surcharge. Surprise received by a woman in San Donà di Piave in the province of Venice. The story is told by the newspaper Il Gazzettino. The lady walked into the bar and once at the counter, after having a cappuccino and brioche for breakfast, she saw a one euro surcharge on the receipt. And just because he decided to pay by credit card. In detail, a cappuccino is 2 euros, a burrito is 1.50, service to the table is 20 cents and payment by bank card is 1 euro. Total: 4.70 Euros.
The woman refused to accept the additional fee and reported the incident to the local police. Implementation with the institution began immediately: the bar can be fined not less than two thousand euros. This is because from June 30, 2022, new rules come into force that impose fines on merchants, artisans and professionals who refuse electronic payments (regardless of the amount).
Are pos commissions really that unsustainable?
For this reason, an administrative fine of 30 euros will be applied to those who refuse electronic payment, regardless of the amount, increasing by 4% of the value of the rejected transaction. An example: Refusing a payment via POS for a receipt of 100 Euro will result in a fine of 34 Euro (4% of 100 Euro + 30 Euro) for the seller. The purpose of the new rules is to perpetuate tax evasion, limit cash circulation and ensure certainty of tax revenue from transactions.
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Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
