Credit cards and ATMs may be handy, but Italians stick to cashing out and withdrawing a billion euros a day from ATMs. The Unimpresa study center does the math on our pockets, which shows that 360 billion euros were withdrawn from ATMs in 2023, 10 billion more than in 2022 and 18 billion more than […]
Tag: credit cards
Tobacco shops are experiencing major problems with bank card payments
There is a big problem with electronic payments: Buying a 2-euro tax stamp with a credit or debit card is not possible in either tobacco shop, although it is a legal obligation. This is what emerged from an investigation by Altroconsumo involving one hundred tobacconists in ten Italian cities: Milan, Padua, Rome, Bari, Cagliari, Naples, […]
The cap rate for credit cards will be reduced to 44.64% in June
The usury rate, the maximum that banks can charge for purchases with credit cards or regular credit, falls again for the month of June and amounts to 44.64% effective per year. The cut equates to a 77 basis point decline from May this year, when it was 45.41% year over year. The rate certified by […]
Taxi driver challenging his NoPos colleagues: “I can earn 600 Euros a day with ATM”
Exposure. Regarding the payments made with “How much does a taxi driver earn per day?” Now it’s easier to answer the question. Daily reports on the income of his taxi “Bologna 5”. Shipments contain a variety of items, including receipts via card payments. One of RedSox’s goals is to show other “positionless” taxi drivers that […]
How much does pos really cost to shopkeepers?
But how much does Pos really cost to shopkeepers? The use of cards and ATMs will cost businesses at least 5 billion euros, including commissions and ancillary costs, in 2022. A proportionately heavier burden, especially for small businesses, especially commerce, which has seen margins shrink due to commission costs. The forecast came from Confesercenti in […]
Lower Tariffs Reinforce Commitment to Colombians: Asobancaria
Banks’ reduction in interest rates for credit card purchases confirms the bank’s commitment to the most vulnerable populations, said the president of the Colombian Association of Banks and Financial Institutions (Asobancaria), Jonathan Malagón. “2023 is a very complex year, on the one hand we are facing tightening liquidity conditions and the central bank intervention rate […]
Davivienda lowers interest rates from 46% to 20%
Davivienda announced a reduction in the interest rate for credit card purchases from 46% to 20%, which will apply to purchases of food, transportation, health care, education, clothing, footwear and agricultural supplies, which fall within the spending more affected by inflation. “To lighten the wallets of more than 40% of Davivienda customers who have a […]
Now is not the time to go into debt, experts say in light of high interest rates
If you’re considering going into debt, you should know that for experts, this is the “riskiest time” to do so. This is because interest rates are at their highest level in the millennium. For February, financial sector rates are shooting to historic maximums as usury rates will reach 45.27%, while current bank rates for the […]
Keys to manage credits in high season
The credit It is one of the tools that helps most people achieve their life goals, such as paying in installments for the purchase of everyday goods, from appliances to housing, car, travel, costs of long-term projects, the education or own property. However, interest rates with which the different types of credit have come go […]