Point of sale

Even if a Greek is just having a quick coffee, they'll usually leave a few coins next to the cup. Especially if it's a regular spot where they know the server by name, they'd feel uncomfortable leaving without tipping. Until recently, most customer tips - usually in cash - would be pooled together and shared among the servers at the end of the shift.

Supermarkets continue to employ tricks in the presentation of offers that mislead consumers in a way that the "offers function as a conveyor belt for price increases," as a senior official at the Development Ministry pointed out to Kathimerini.

The integration of cash registers with POS systems has opened the eyes of tax authorities to a hidden treasure within the taxi sector. With the rise of electronic transactions and the immediate transfer of data to the Independent Authority for Public Revenue (AADE), state revenues have already increased by at least €1.2 billion compared to the seven months from January to July 2023.

A new trend is emerging in Bulgaria's fuel market: full self-service gas stations. Many locations across the country now allow drivers to fill up their tanks without any staff assistance. These self-service stations are equipped with terminals that resemble ATMs, enabling customers to pay in cash or with a bank card.

The summer sales, which have started on July 8, will last until the end of August, allowing consumers to shop and take advantage of the offers.

The summer sales will run through Saturday, August 31. Merchants are trying to attract as many consumers as possible amid high temperatures and summer holidays with significant price discounts.

Checks have begun on professionals and businesses in the 35 retail sectors which are required to have POS terminals installed and accept card transactions from April 1

Residents of Western Bulgaria serviced by the electricity distribution company "Electrohold" now have a hassle-free way to settle their electricity bills online. The company has announced the launch of a virtual point-of-sale (POS) terminal on its website, allowing customers to make payments without the need for registration.

More than 340,000 connections of cash registers to points of sale (POS) are pending for the new way of issuing receipts to start without problems, when payment is made with plastic money.

Greece's Finance Ministry and tax authority AADE on Thursday announced an extension of 1+1 months for businesses to integrate their POS terminals with cash registers, so that it can be completed without technical problems.

The decision was taken following the demands of POS and cash register suppliers, as well as the businesses, to accommodate the demands of a complex effort.

Finance Minister Kostis Hatzidakis urged banks and terminal service providers to reduce fees for small-value transactions made via point-of-sale (POS) terminals, during a meeting with representatives from banks and payment service providers on Wednesday.