Obligation to use POS for both commercial activities and the provision of services

Obligation to use POS for both commercial activities and the provision of services

Assoc. Law 191 / 19.07.2018, legal persons performing retail and wholesale, as well as those performing services, which achieved an annual turnover of more than EUR 50,000 equivalent in lei, obligation to accept as a means of payment and debit cards, and credit cards via POS terminals and / or other accepting modern solutions.

Refusal of such persons to accept as a means of payment debit cards and credit cards will form the offense punishable by a fine of 5,000 lei to 7,500 lei.

The law took effect on July 27, 2018.

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