AADE aims to make the use of the interconnection of devices recording card payments mandatory for broader business sectors.
The use of card terminals (EFT POS) and cash registers extends to all economic activity, as all sectors that are currently exempted from the mandatory use of POS machines and cash registers will issue receipts and accept cards for all transactions.
Will the usage of the interconnection of devices recording card payments be mandatory in Greece for broader business sectors?
Public
Greece
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
759
Content accuracy validation date:
24.10.2022
Content accuracy validation time:
12:04h
Specifically, the goal is to make the use of the mentioned devices mandatory by all business sectors, which means that next year the following should also have such POS machines:
- Theatres
- Cinemas
- Kiosks and many other business sectors which are currently excluded.
It is worth noting that under the current regime, more than 110 professional activities are included in the relevant list of obligated persons. At the same time, the cash registers will be connected to the EFT-POS so that the retail receipt is issued at the same time as the EFT receipt/slip, as many businesses in credit or debit card transactions do not issue the retail receipt, avoiding their obligations. With the connection, the tax office will know when the receipt was issued and will know the method of payment (whether was it paid by card or not).
As competent executives point out, the full operation of MyData and the interconnection of cash registers with taxis now pave the way for the expansion of such systems in all sectors of the economy. The obligation of interconnection is due in January 2023 and concerns businesses that issue accounting data through electronic tax mechanisms and at the same time have the obligation to use EFT-POS.
Other news from Greece
End of intra-model European electronic invoice and new rules introduced
Public
Author: Nikolina Basić
Starting July 1, 2030, the EU will eliminate the Intra models for VAT reporting, replacing them with mandatory electronic invoicing under Directive 516/2025. The new system, part of the VIDA 2030 Package, will require businesses to issue standardized e-invoices for all intra-EU B2B transactions, with data transmitted to VIES for cross-border VAT monitoring and fraud prevention. This shift aims to... Read more
Understanding the Digital Services Act
Author: Ivana Picajkić
The Digital Services Act (DSA) is an EU regulation designed to ensure safer and more transparent online environments by imposing new responsibilities on digital service providers, including those outside the EU. It applies to a broad range of online platforms, with stricter obligations for very large platforms, but also key requirements for medium-sized businesses, such as EU representation, transparency, and content moderation reporting. Read more
What do recent Greece’s market reforms mean for certain retailer companies?
Greece
Author: Tara Nedeljković
Greece is introducing a series of retail market reforms aimed at curbing inflation, enhancing consumer protection, and increasing price transparency, especially within the supermarket sector. Key measures include granting enforcement powers to the Consumer Ombudsman, extending the profit margin ceiling, regulating promotions, and enforcing the new Code of Conduct on discounts effective March 2025. Read more
What consumers and sellers need to know regarding the novelty of the IRIS payment system in Greece.
Greece
Author: Tara Nedeljković
Starting November 1st, 2025, all businesses in Greece—including physical stores and e-shops—must accept IRIS payments, which allow consumers to instantly pay from their bank accounts via mobile phones, bypassing traditional card entry. POS systems must be software-upgraded to support IRIS, enabling fast, secure payments and automatic receipt issuance, enhancing tax transparency through integration with cash registers. Read more
New obligations and deadlines for the Instant Payment – IRIS system in Greece
Greece
Author: Tara Nedeljković
Starting November 1, 2025, all businesses selling to end customers in Greece must accept IRIS instant payments under Law 5139/2025, aligning with European Regulation 2024/886. Businesses must also register and verify their professional bank accounts through the AADE Professional Account Registry before using them for IRIS transactions. Read more
Greece Plans to Allow Subsidies for Cash Registers and POS, Concerning the IRIS Direct Payment System
Greece
Author: Tara Nedeljković
Greece is launching a subsidy program called "Digital Transactions" to help small and medium-sized businesses and freelancers upgrade their cash registers and POS systems in preparation for the expanded use of the IRIS payment system and upcoming electronic invoicing requirements. Read more
Greece Confirms Mandatory IRIS Payment Support for All Businesses by November 2025
Greece
Author: Tara Nedeljković
Starting November 1, 2025, all businesses in Greece, both physical and online, will be required to accept payments via the IRIS system, alongside existing POS card payments. Read more