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Grace period for all businesses offering services to accept credit cards ends
Posted: Sat Sep 25, 2021 9:36 am
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...
Re: Grace period for all businesses offering services to accept credit cards ends
Posted: Sat Sep 25, 2021 9:42 am
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
Re: Grace period for all businesses offering services to accept credit cards ends
Posted: Sat Sep 25, 2021 12:16 pm
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.