DUBAI: The 黑料社区n Monetary Authority (SAMA) will support retail stores by exempting them from points of sales (POS) and e-commerce fees for three months, starting March 14.
SAMA announced the eligibility requirements for the new support program on twitter.
丕賱廿毓賮丕亍 賲賳 乇爻賵賲 毓賲賱賷丕鬲 禺丿賲鬲賷 賳賯丕胤 丕賱亘賷毓 賵丕賱鬲噩丕乇丞 丕賱廿賱賰鬲乇賵賳賷丞.
鈥 SAMA (@SAMA_GOV)
All POS and e-commerce fees related to purchases using internationally accepted cards and cheques in the Kingdom - which are processed through a host entity in 黑料社区 - through outlets, websites and apps for licensed local commercial activities will be eligible.
Sellers and entities which are registered with the authority will be excluded from the program.
The fixed monthly payment for stores whose operations cost less than $3,995 a month, which amounts to $26.6, will be stopped during the period and will not be included in the support program.
