- A new guide has been published to help businesses comply with updated retail payment requirements using New Generation POS (YN POS) systems.
- First
- and second-tier retail merchants must use YN POS devices for sales without invoices and accept card payments via agreements with banks or payment providers.
- The guide covers topics such as device types, purchasing, mandatory usage (including for online sales), penalties, receipt rules, reporting requirements, and device lifecycle procedures.
- The guide aims to clarify merchant obligations and ensure correct use of new payment recording systems.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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