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Cashless Payment Mandate for Businesses and Public Institutions

  • Points of sale in accommodation, transport, public institutions, and state-owned companies must accept card and other electronic payments.
  • The tax administration says cashless payments will improve transparency, speed up services, and support economic formalization.
  • Entities without POS/POI devices are urged to install them soon, before the deadline.
  • Failure to comply after the deadline may lead to administrative penalties under the law.

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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