The consumer to be able to pay

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To summarize, it turns out that these provisions can be fully understood only if we understand the meaning and definition of all the terms used in the Act. Such an analysis is not always simple, but in the case of non-cash payments we managed to determine it. We already know that not every entrepreneur, even if he has a cash register, must have a payment terminal. All that is required is for  by bank transfer or using a function that relieves him of this obligation.

A customer cannot be forced to pay in cash if they do not want to pay in this form. The most important question What is cashless payment? This is an electronic funds transfer between bank accounts. Who must have a payment terminal? As of July 1, every entrepreneur who records sales at the cash register is philippines photo editor obliged to enable consumers to pay in non-cash form using payment instruments. However, payment tools are more than just payment terminals.



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