Grace period for all businesses offering services to accept credit cards ends

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Paphos Life
Posts: 3102
Joined: Tue Feb 28, 2017 9:20 am

Grace period for all businesses offering services to accept credit cards ends

Post by Paphos Life »

Grace period for all businesses offering services to accept credit card payments is to end soon with the island’s Tax Department officers getting ready for unannounced inspections as of October....

Read the article and chat about it below...
trevnhil
Posts: 7100
Joined: Wed Dec 28, 2016 12:12 pm
Location: Polemi

Re: Grace period for all businesses offering services to accept credit cards ends

Post by trevnhil »

I would take issue with the last sentence in the article
"By making credit card payments compulsory, Cyprus aligned its national legislation with EU directives."

It is not making Credit card payments compulsory.. But people have to have the opportunity to pay by card if they wish to
Trev..
chatsworth
Posts: 196
Joined: Wed Jan 04, 2017 9:57 pm
Location: Polemi

Re: Grace period for all businesses offering services to accept credit cards ends

Post by chatsworth »

Jcc Smart are snowed under with new applications and it will take quite a while to clear the back log. According to our accountant it could take 12 months before everyone who should, has got a card reader system set up.
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