Point of sale

The implementation of Point of Sale (POS) machines for credit and debit card transactions in farmer's markets will begin on Tuesday,  the Panhellenic Federation of Professional Sellers of Farmer's Markets announced Saturday.

This marks a new era for farmer's markets, obligating the universal use of POS machines to optimize service for both consumers and vendors. 

The government is proceeding with the expansion of card terminals (POS) in 35 sectors of the Greek economy from January 1, 2024.

According to the draft decision, 100% of economic activity is now covered and immediately after the passage of the tax bill, the conditions and fines for those who do not comply will be made public.

The interconnection of cash registers with card terminals (POS) may have been delayed and not be expected until the first months of 2024, but this does not mean that the tax administration is sitting idly by. Extensive cross-checking is under way, as well as spot checks at businesses to verify that the data generated by the POS are identical to the receipts issued by the cash registers.

Ljubljana – Lab4Pay, a Slovenian fintech startup, has launched a point-of-sale (POS) terminal that vendors can use for traditional payment methods as well as digital payments such as cryptocurrency.

Ljubljana – Mastercard has launched an initiative with which it aims to encourage as many small businesses in Slovenia as possible to make a transition to digital payment methods. A total of one million euro will be available to selected participants in the next three years.

Ljubljana – Bank card users will not be able to use ATMs in the early morning hours on Tuesday, 12 January, due to communication infrastructure upgrades.

Bankart company said it will be performing works on communication infrastructure, which means that a majority of cash machines all across the country will be out of order for 30 minutes.

As of 10:00 a.m. on 31 December, the National Revenue Agency temporarily suspended payments via virtual POS terminal, the agency reminds. Two hours later, it will also be impossible to pay via POS at the office of the revenue agency, and the reason is the change in the operation of the information systems. The inconvenience for citizens will be until January 10.

Handling banknotes poses only a low risk of spreading Covid-19, the Bank of England has said, after it commissioned research to find out how long the virus lasts on cash.

The use of notes has dropped sharply since the pandemic hit in March, and the Bank said one reason could be fears that cash can carry the virus.

After another weekend of party crowds gathering on public squares in many parts of the country - a phenomenon spurred by bars selling takeaway drinks and cocktails - the food and drinks services sector was officially relaunched on Monday.

Bulgaria's National Revenue Agency (NRA) starts accepting tax returns for 2020 on 10th of January, the agency's press office said on December 31, BNT reported.

Individuals and companies can submit tax returns electronically and on hard copies at the relevant NRA offices.