Pos mandatory from 30 June, double penalty for traders and professionals

Rome, 13 June 2022 – Pos mandatory And double penalty from the June 30th for the traders or professionals who do not accept payments with credit or debit cards. This applies to merchants but also to those who sell services, such as for example taxi drivers. The goal: to reduce the use of cash, one of the measures provided by the Pnrr (national recovery and resilience plan).

This was decided by the Council of Ministers, anticipating of six months the measure, which had to be taken from January 1, 2023.

How high are the penalties?

It starts from a minimum of 30 EURa figure to which one must be added percentage of 4% on the amount for those who reject digital methods.

Pos mandatory from June 30th and double penalty
Pos mandatory from June 30th and double penalty

But did the obligation already exist?

Yes, the Pos obligation is in effect since 2014 but it has always remained on paper.

Is there a ceiling on the amount to be accepted?

No, the electronic payment rule applies to any amount. The measure was decided by the government as a measure against tax evasion.

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