In 2023, Italians withdrew 360 billion euros from ATMs, demonstrating a persistent preference for cash despite the rise of digital payments. This is explained in the new Unimpresa report which highlights a strong cultural and economic bond with…
The change at the top of the payment circuit after the entry into the capital of Fsi. After the 75 million capital increase, the fund will have 43% of the capital. The new strategy with Nexi
The list of suitors for the payments company is growing. This benefits the stock which rises from the historic lows reached during the summer. We are now awaiting the third quarter accounts. But above all, private equity funds will have to…
The transaction provides for the simultaneous completion of a joint venture, in which the Bank will be able to enter with a significant stake
Italians rely more and more on payments with electronic money. In 2022, over 300 billion, + 20% compared to 2021. If this growth is confirmed, in 2025 electronic payments will exceed those in cash. Confesercenti's estimates
The increase in the threshold for the use of cash to 5 euros, which had been included in the Aiuti Quater decree, disappeared before publication in the Official Gazette. "But it is not a step backwards", underlines the Government
Unless there are changes in Parliament, which however would be a problem with Europe, sanctions will come into effect from 30 June for those who do not accept the Pos: here's how much they amount
Among other things, the service allows Unicredit customers to link their accounts with other banks throughout Europe via a single application
Tax collection suspension extended to the end of June with consequent postponement of the payment deadline to 2 August - Great expectations for the general tax reform announced by the Draghi government
Refunds should have started at the beginning of February, but due to some technical problems they will be postponed by a month - For those who have to make a complaint, the wait will continue until April
The new thresholds for cash payments take effect from 1 July - Exceptions are foreseen - Here's how it will work
The new entity will be 70% owned by Sisal and 30% by Banca 5 and will be active from January 2020 - Emilio Petrone CEO, Paolo Fumagalli chairman
From today, the Rav bulletin will be progressively replaced by the new pagoPA payment form in tax collection records and payment notices: here's how it's done and how to use it
Reducing the circulation of cash is right but it is an operation that must be done gradually and placed within the technological revolution in respect of the centrality of the person
The Google Pay service was introduced on the Postepay app, which also enables online payments - Users can enable it in a few clicks via the "Card management services" available on the app
Bankitalia has developed a new pan-European instant payment system for the Eurosystem available to all banks that wish to join - Secure transactions in less than 10 seconds at a cost of 0,2 cents - Here's what TIPS are
The new company, 100% controlled by InfoCamere and with a share capital of 2.500.000 euros, will develop payment services for the Chambers of Commerce and businesses
With this new tool, to pay it will be sufficient to bring the card close to the POS terminal keeping the thumb on a sensor - The project is still in the pilot phase: the test phase will take place for 16 weeks in Turin, Milan…
The debit card can also be used from a smartphone to purchase products and services online and pay taxes - Here are the new arrivals with Bancomat Pay, the service for paying by mobile phone presented by Bancomat Spa at…
The new national analysis of Public Administration payments prepared by the Banca IFIS research office was presented today at the PA Forum in Rome: 62% of entities pay after the deadline - The fintech solution, with the TiAnticipo product by…
The goal is to facilitate access by businesses and individuals to fintech services by simplifying their understanding and use, fostering dialogue with institutions and traditional operators
Assifact, the Italian Factoring Association, and the Supply Chain Finance Observatory of the School of Management of the Milan Polytechnic announce the launch of a joint research on the innovations and evolutions of working capital financing solutions from a fintech perspective.
The Budget Law has banned the practice of cash payment for employment contracts, cococo and cooperatives - Here are the special cases and other limits on the use of cash.
The provision comes three years after the opening of the infringement procedure - Brussels explains: "We recognize the efforts made, but they are not enough: the average wait for companies is still 100 days"
Real-time crediting of bank payments is about to start in Italy too: it will work 7 days a week for 7 hours a day - Intesa Sanpaolo will be among the first banks to launch it and it will start on 24 November: "The price…
FINANCIAL EDUCATION - The state of backwardness of our banking services is documented by the fact that non-cash per capita transactions are lower in Italy than in the main European countries and that, if we continue like this, it will take…
According to Assifact's monitoring, the implementation of the 2011 European Directive on late payments is still proceeding slowly - Thanks to the reduction of legal impediments, the assessment of the Public Administration improves, while the perception of payment times worsens between…
The Authority sanctioned two low cost airlines that imposed surcharges on credit card payments - Article 62 of the Consumer Code is applied for the first time
The deal was announced this morning. Poste will pay 278 million to buy the stake.
The service developed by Sia allows you to transfer money from one person to another via smartphone. Via have already joined 23 banking groups. Pilot phase in Milan for in-store payments
ING SURVEY - Italy confirms itself below the European average (equal to 47%): yet, for 75% of those who use it, mobile banking improves finance management.
The pilot phase of the “Person to Business” (P2B) project has started in the cities of Milan and Bergamo, which allows customers to pay via app at UBI Banca merchants.
The partnership will give UK and European businesses access to STEP2, EBA Clearing's pan-European technology platform for euro retail payments operated by SIA.
92,4% of companies in 2015 reported a delay in payments from national B2B customers, where 44,8% of national sales are transacted on credit, of which 55,2% for cash. And Italy is the market…
With the opening up to new operators, promoted by the new EU banking regulation, a new era of banking and financial innovation has started, especially aimed at new payment instruments. The ebook "Electronic payments: from bartering to digital wallets" talks about it, by…
The new ceiling of 3 for cash payments that came into force on 2016 January with the XNUMX Stability law provides for some exceptions - Here's what changes and what remains the same in terms of pensions, rents, taxes,…
The idea of increasing the use of credit cards and electronic payments in our country with dirigiste interventions such as those that Parliament is discussing in the Stability Law - Convenience for operations under… is completely illusory and misleading.
The initiative belongs to the Pd deputy Sergio Boccadutri and will have to be approved in the Chamber. It drastically reduces bank commissions to allow payments even on small amounts - Merchants and professionals will have to adapt, under penalty of paying penalties.
The European Council has approved the directive: individual governments now have two years to transpose the envisaged rules at national level
The company is based in Stockholm, has 250 employees and registers 2 new customer companies a day (currently around 200), as well as 1 million active users - In Sweden already 50% of credit card terminals…
The Government could include the measure in the Stability law or in an immediately subsequent provision
From the Atradius analysis, if the scenarios are slowly improving for companies in the Eurozone, the first half of 2015 marks the difficulties of Switzerland, Canada and Norway, due to the exchange rate and the decline in investments in the energy sector.
The bill that introduces penalties for professionals and VAT numbers who do not use the Pos has been withdrawn - The other cases in which cash must be avoided concern pensions, rents, bank or postal checks and payments received from citizens ...
REPORT UNICREDIT - Why are online payments of court fees not taking off? Why are they still so few? What interests (and whose) hinder its diffusion?
In electronic payment services to households and businesses, Italy does not keep up with other European countries: only three billion transactions in the last fifteen years - Quite the opposite in Germany, France and Great Britain: in all…
DIGIFIN I-COM REPORT - In Europe 100 billion electronic payments are made every year but Italy is taking the step towards a more efficient and more transparent payment system - Crivellaro (MasterCard): "The driver of the development of electronic payments are …
According to the Digifin report, presented today by I-Com, innovation is transforming finance, stripped bare by the crisis: in Europe in 2013 there were 100 billion electronic payments - However, Italy is only fifth with 4,5 billion (20 the…
Today the CODICI Association intervenes in the Finance Commission of the Chamber regarding the revision of the discipline on the obligation to accept payments by debit card and measures to support electronic commerce.
Use your smartphone like a credit card. And pay in a few seconds, in a secure manner, just by bringing it close to the POS of the shop. Thanks to NFC technology this is already possible but for now it only takes off with Apple Pay, launched…
Most merchants are evading the new rules on electronic payments because there are no penalties, but a measure is on the way to introduce concessions and fines.
A PERSONAL TESTIMONY - The new Nobel Prize winner for economics Jean Tirole has also made an essential contribution to the functioning of modern payment systems, which are the backbone of the digital economy, curbing excessive optimism about the self-regulation of the markets - Here why the…
The obligation to use the F24 telematic model through the online services "F24web" or "F24online" comes into force for payments over one thousand euros (and not only) - It is possible to contact authorized intermediaries or use internet banking services …
What is the point of issuing an electronic invoice if the debtor then pays by bank receipt or cheque? - The direction of the so-called cross-subsidy must be reversed, which today sees the pricing of electronic instruments implicitly subsidizing the…
