Merchants and service providers that exceed the threshold of 10,000 euros will be obliged to accept payment by card
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FAQ
All traders and service providers (legal entities) who deposit cash receipts greater than €10,000 (equivalent in lei) in a year must accept payment by card, POS or other electronic methods.
The threshold is 10,000 euros equivalent in lei in a calendar year. If it is exceeded, the mandatory POS is imposed starting from the following quarter.
The law provides for the implementation of the SOP in the next quarter the one in which the threshold of €10,000 was exceeded, in total cash receipts.
Merchants must ensure payment by credit cards debit, credit/prepaid, including by payment contactless or other electronic solutions with POS.
Refusal to accept card payment after exceeding the threshold may result in fines between 20,000 and 50,000 lei.