Greece 2.0 includes the introductions of new cash registers, upgraded audit and data transfer system

In main points in regards to retail, the upcoming project will include:

1. The definition of the specifications for the interconnection of cash registers with the POS card acceptance terminal for the certification that every POS transaction will be recorded in the cash register and the data generated will be transmitted in real-time to AADE.
2. There will also be special specifications for sales outside the business. According to the present information, the relevant decision in this matter is ready and about to be signed while it has received the approval of the Commission
3. The creation of infrastructure and applications for the monitoring of cash transactions and the support of the control mechanism.

According to the decision of the Deputy Minister of Finance Th. Skylakakis for the financing of the project by the Recovery Fund, the first phase of the reform concerns the replacement or updating of all cash registers that can not function as Electronic Cash Registers (OCR) of a new generation.

In the second phase, businesses will need to link their online cash registers to myDATA to automatically register their retail transactions in e-books.

Lastly, in the final phase of the project, next-generation OCR cash registers will need to be interconnected with POS systems to ensure that a receipt is issued when a card payment is accepted.