Debit card

Greece lags behind in e-payments

Greece is in second-to-last place among the 19 eurozone countries and 24th among all 28 European Union member-states in electronic payments per inhabitant, including payments with credit and debit cards and online transfers of money and e-payments of bills, according to European Central Bank data for 2018.

Using another bank’s ATM to cost 2-3 euros from July 20

Greek holders of debit cards making withdrawals from cash machines of other banks will as of July 20 be charged a commission that will range from 2 to 3 euros per transaction.

This will bring these charges into line with those imposed since last summer on foreign bank clients using Greek cash machines.

Bulgarian Start-up, Created Last Year, has Attracted BGN 1 Million of Investment

The Bulgarian start-up company, Payhawk, has attracted investments of 1 million leva after a new round of financing. The financial technology company, which offers digital cost management solutions for small businesses has 9 different investors, reports

Required online payments to rise

Taxpayers will have to increase their annual transactions made via credit/debit cards or e-banking by up to 50 percent, or face a hefty fine that will depend on the level of their income.

Kathimerini understands the regulation that will raise the minimum amount of online transactions toward the tax-free amount will be submitted to Parliament at the start of 2019.