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MOCI Obliges Shops to Provide Electronic Payment Service without Additional Fees

18 Sep, 2022 09:14 AMThe PeninsulaIntended Audience
Citizen: Business Owner, Employee
Resident: Employee

News Details

The Ministry of Commerce and Industry (MOCI) has obligated all shops to provide an electronic payment service, with no additional fees charged when using the following methods: bank cards, bank wallets, QR code.

The Ministry noted, through its Twitter account, the Minister of Commerce and Industry’s decision No. 70 of 2022 to amend some provisions of the Minister of Economy and Trade’s decision 161 of 2017 regarding the general and special requirements that must be met in similar commercial, industrial and general outlets.

The Ministry had issued a circular to all shops that provide services that depend on the payment of credit cards and ATM cards, not to impose additional fees for the use of credit and direct debit cards.

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