Payment cards obligatory for Italian firms from Monday

(AGI) Rome, June 29 - Businesses and self-employed workers inItaly will be legally obliged to accept payment cards for sumsover 30 euros as of Monday. According to estimates by the CGIAeconomic studies office, "on a significant sample of Italianlending institutions, a business with 100,000 euros in annualrevenue, with a POS device would, between monthly and annualfees and percentage fees on its takings, incur an averageyearly cost of 1,200 euros". . .