Italy proposes no fees for digital euro payments under €10
Italy has suggested that merchants charge no fees on digital euro transactions below €10, a proposal supported by central banks as Brussels finalises rollout discussions.
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Italy has put forward a proposal to exempt merchants from charging fees on digital euro payments that are under €10. The suggestion emerges as final talks on the digital euro’s rollout are taking place in Brussels.
The proposal enjoys backing from the central banking community, which views fee‑free small‑value transactions as a means to stimulate wider adoption of the digital currency.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.