Payment terminal
POS: First fines issued to taxis, street vendors & businesses
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
Bulgarian Posts Stuck in the Past: No POS Terminals in State Offices, Hindering Digital Payments
Bulgarian Posts, a cornerstone of the country's communication infrastructure, faces criticism for its outdated payment systems, highlighting a stark contrast with the widespread adoption of digital transactions in modern society.
POS providers should lower transaction fees, says FinMin
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.
Stricter penalties for non-use of POS
The Economy and Finance Ministry on Thursday submitted a provision to parliament which aims to increase fines and impose sanctions against business that have yet to install POS terminals linked to cash registers.
The plan also foresees fines for providers of POS terminals and cash registries who do not comply with the law.
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Your Vehicle Has Been Clamped or Impounded in Sofia? You Can Now Pay via POS Terminal with 20% Discount!
Vehicles for the control of the Executive Agency "Automotive Administration" are now equipped with POS terminal devices. They are connected to the Agency's electronic control system, in which the criminal decrees were also generated, reported the Ministry of Transport and Communications.