The fight against cash by the Italian government continues. To encourage digital payments, the introduction of a partial reimbursement of expenses is envisaged for those who purchase goods or services through an online account or debit or credit cards. Did you know that? Thanks to the services offered by Trustcom Financial you will be able to benefit from State cashback. Find out what it is and how it works.
The State cashback, already included in the 2020 Budget Law, would be used to reduce the cash in circulation in Italy and above all to combat tax evasion. But what exactly does it consist of?
At the moment, the hypotheses provide for a refund of approximately 10% of the total amount if a product or service is purchased via electronic devices or cards. There is still no certain information on the system through which the cashback will take place, however, it is known that the expenses made starting from 1 December 2020 will be considered. Currently, the facilitation is only provided for “in person” transactions, it is not applicable in the case of online purchases.
To promote the use of cards and digital devices also for small daily expenses, a minimum transaction limit was also introduced, which would be fifty per semester, in order to redeem the bonus. For reporting, reference will be made to the PagoPa platform and portals connected to banks. The triumph of digital? For now it is definitely a step forward for an increasingly cashless Italy. For years Trustcom Financial has been committed to this perspective to promote the banking digitalization process, thanks to its totally online services.
Choosing to make digital payments through your Trustcom Financial online account has never been so convenient! Thanks to our debit card, provided free of charge with the activation of any Personal or Business plan, you can make cashless purchases in a simple and immediate way. The advantages? In addition to receiving the cashback, there are no commissions for payments made via POS.
Do you have a dynamic lifestyle and don’t have time to keep an eye on what you spend? Trustcom Financial’s online account allows you to have your financial situation under control anytime and anywhere through your electronic devices.
Thanks to our mobile app, you can monitor your expenses in real time, and if you make purchases, you will immediately receive instant notification of payments. Do you prefer to shop online? No problem, thanks to the 3D SECURITY CODE supplied with all our cards, you can shop on the Internet in complete safety.
And for any doubts or requests there is our Customer Care service via chat, available from 9:00 to 18:00 on working days, with an average response time of less than 3 minutes.
Are you looking for a flexible and advanced service to manage your finances efficiently and without risk? Find out now all the benefits of our online account options and contact us to find out more.