John Winchcombe
Editor
Tuesday, February 20, 2024
Categories
Cash Usage
Will Italy Go Digital?
On 30 June 2022, Italy introduced a law fining merchants €30, plus 4% of the transaction value, if they did not accept a card payment. This law, along with vigorous promotion of card payments, has led Italy to having some of the highest rates of card accepting merchants per million inhabitants in Europe.
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