The Cuban government will cancel the licenses of businesses without payment gateway QR code services in February

Photo: RL Hevia

Text: Editorial Cuba Noticias 360

The Cuban government has once again issued an alert to micro, small and medium-sized business owners and self-employed individuals as their work permits will be revoked if they do not renew their businesses’ online payment services by February.

A few points to note: Does the country have the appropriate infrastructure to implement payment gateways for all businesses? What about those who are unable to use online payment services due to the nature of their company or to avoid inconveniences inherent in the platforms that support them?

The measure, which has been met with opinions both for and against, is the result of banking processes implemented by the government months ago, leading to a cash crisis and long delays at ATMs, among other reasons.

In fact, according to a Facebook post by independent art curator Abelardo Mena, some businesses are not accepting transfers at this stage of the tournament, such as Havana Zapata and the gastronomic complex at No. 12.

For example, in Matanzas and much of western Cuba, the deadline is February 2. The territorial government itself has made it clear: those entities that do not have QR code services operating through payment gateways will have their work permits revoked, in accordance with the provisions of Resolution 93/2023.

Matanzas Lieutenant Governor Marieta Poey Zamora herself stated that consumers have the right to choose how to pay: “Electronic options must exist for all state and non-state economic actors. Department of Domestic Trade (Mincin) regulated activities,” he noted.

Resolution No. 93/2023 of the Cuban Ministry of Domestic Trade emphasizes that starting from February, sellers, whether natural or legal persons, must provide electronic payment methods other than cash.

Implementers of the measure generally believe it is intended to provide options for those who prefer to conduct electronic transactions. They clarified that cash will not be phased out as many customers do not have the technology or simply choose not to use it.

That is, those who sell products or provide services must request a QR code through the national payment platform Transfermóvil or Enzona.

The concept itself is positive as it offers the possibility of another payment option. Negative impacts may lie in the short-term impact of these entities, as well as factors that do not depend on them: such as the proper functioning of the platform during initial and simple authentication steps. Coupled with poor connectivity and the absence of POS terminals, these terminals do not even work efficiently in MLC stores.

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