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A Christmas gift to boost consumption. The government is doing everything possible to save what can be saved on holidays (and expenses) at the end of the year, also playing the extra cashback card: a bonus of up to 150 euros for those who make purchases with electronic money for at least 1,500. The tribute should arrive immediately, already at the end of December, and will add to the other two incentives provided by the executive to pressure the Italians to abandon the cash. That is, the “cashback” of 300 euros per year and equal to 10% of the expenses incurred by the consumer (up to at least 3,000 euros). And the super cashback, a prize of 3,000 euros for the first one hundred thousand …
A gift from Christmas to boost consumption. The government is doing everything possible to save the bailout of the holidays (and expenses) at the end of the year, also playing the card ofextra refund: a bonus up to 150 euros Intended for those who make purchases with electronic money for at least 1,500. The gift must come immediately, already at the end. December, and it will add to the other two incentives provided by the executive to pressure Italians to abandon cash. That’s the “refund of money“from 300 euros per year and equal to 10% for the expenses incurred by the consumer (up to at least 3,000 euros).
And the super refund, an award from 3 thousand euros for the first one hundred thousand citizens who register in the electronic payment monitoring platform and who have made at least 50 payment transactions during the year. In summary, by accumulating all the rebates, the benefits to consumers could increase up to 3,450 euros.
The times of the implementing decree of the Ministry of Economy are already running out: the measure should arrive within this week, with a dowry of 3 billion for 2021 and as many for 2022. But let’s see, in detail.
How the refund works
All adults residing in Italy for purchases made as consumers will be able to access the incentive. Basically the expenses with credit cards of the company or that are made as part of the business or professional activity are not considered.
To get the soft drinks you will have to pay with credit card, debit card, or with the application that replace cash and that we can find in the most popular smartphones. They will be excluding online purchases, precisely to meet the demands of traders, one of the categories most affected by anti-Covid compression.
Consumers must first register for the cash back program by registering with theIo app, or the platform of services of the public administration that can be accessed through Spid (electronic identity). Each individual user will have an electronic payment method and the Iban in which the returns will be made.
Christmas Cashback
To get the Christmas Cashback It will be necessary to carry out no less than 10 transactions for a minimum total of 1500 euros. 10% of the amount spent will be credited directly to the checking account at the end of the year.
Starting in January 2021, the standard mechanism will take effect. Ask me 300 euros in returns it will be necessary to carry out a minimum of ten transactions every six months up to a minimum threshold of 1,500 euros. Annually, therefore, a total amount of 300 euros can be collected.
But the richest dish is the one called super refund, a prize of 3,000 euros for the first 100,000 citizens who make the largest number of purchases through electronic money. And, in any case, no less than fifty transactions a year.
We will have to wait for the implementing decree to know if there will be a minimum spending limit to access the refund. Or yes, payments for a cup of coffee can also be accounted for. In any case, the government seems oriented towards expanding the refund of money to any type of expense, from food to medical expenses, from clothes to restaurants.
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