Rieker
Credit cards
15.06.2012 1993

Credit cards

Retailers will be required to accept bank cards

The Ministry of Finance has published a bill according to which retailers with revenues of more than 60 million rubles a year will be required to install electronic equipment (POS-terminals or their analogues) for reading bank cards. The requirement of the ministry may come into force on January 1 of 2014 of the year.

The changes will affect the federal law "On the fundamentals of state regulation of trading activities in the Russian Federation." The purpose of the innovation is to ensure “equal consumer rights for those who prefer to pay both in cash and by non-cash means,” says the explanatory note to the bill.

In addition, the Ministry of Finance hopes to reduce the shadow turnover, which is stimulated by the circulation of cash. According to the Ministry of Finance, the volume of the shadow sector, for example, in Internet commerce, ranges from 70% to 80%, with a total market volume of 320-350 billion rubles.

All trade and service organizations and online stores, with the exception of microenterprises, fall under the bill. That is, POS-terminals will be required to be installed by retailers, whose daily revenue is more than 164 thousand rubles. For comparison, the daily revenue of the Magnit retail chain is about 917 million rubles, according to arendator.ru.

Retailers will be required to accept bank cards. The Ministry of Finance has published a bill according to which retailers with revenues of more than 60 million rubles per year will be required to establish ...
5
1
Rating
Euro Shoes Exhibition

Latest News

Unique Marsèll and Suicoke collaboration presented at Leform in Moscow

Italian and Japanese footwear brands Marsèll and Suicoke have teamed up to launch a colorful capsule collection of unisex sandals with an avant-garde style this spring. The release of the collaboration of two bright brands was released on April 14. Currently…
20.05.2022 120

In the next six months, shoe prices may increase by 8,4%

The World Footwear Business Conditions Survey expects shoe prices to increase over the next six months, according to Worldfootwear.com Europe is expected to rise the most (9,8%). In North America, inflation will be about...
20.05.2022 109

India increased exports of leather and leather products by 33%

In India, revenue from exports of leather and leather products for the eleven months of the financial year (April 2021 to February 2022) increased by 33,07% compared to the same period a year earlier. The prevailing share in the volume…
19.05.2022 116

Nike x Jacquemus Collaboration Released

Nike is celebrating its XNUMXth anniversary with a collaboration with French fashion brand Jacquemus. In addition to women's sportswear, which will be part of the collection, it will also feature a reimagined by French designer Simon Porte Jacquemus…
19.05.2022 244

Clarks went to the metaverse too

Following Fly London and a number of other fashion brands, the British footwear brand Clarks launched the Cicaverse gaming space on the global gaming platform Roblox, in honor of the release of a children's sneaker model…
19.05.2022 171
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning