Adoption of the Payment Services Act.  Sellers will need to accept cash

On Wednesday, the House of Representatives adopted the President’s Payment Services Bill. The intent of the regulation, introduced at the request of NBP, is to obligate sellers who accept non-cash payments to accept payments in cash.

436 deputies voted in favor of the bill, none opposed it, and seven abstained. Earlier, while working on the Permanent Subcommittee on Financial Institutions, MEPs supported three amendments, two of which were editorial.

The third assumes that the merchant will have one Obligation to accept cash payments, If the value of the one-time transaction is not more than the average salary in the business sector without profit payments in the third quarter of the previous year, announced by the head of the Central Statistical Office. If this regulation was now in effect, the transaction limit would be 5,370.64 PLN.

Adoption of the Payment Services Act

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

China. Partial closure of one of the largest ports in the world. Will there be a problem with charging?

Ningbo-Zhoushan is one of the largest shipping ports in the world. It…

Gas price freeze in 2023 for households without income limit, but VAT goes up. New gas supplement for the poor. What is the gas price cap in 2023? The government approved the bill

by GettyImages Freezing the price of gas in 2023 without the income…

e-Toll PL or e-Toll PL TICKET? Ministry advises

The slowness of the Polish state apparatus turned out to be unchanged.…

Deutsche Bank withdraws from Russia

“We strongly condemn the Russian invasion of Ukraine and support the German…