Now comes goodbye to cash: 3,000 euros in checking account



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Goodbye to cash. The government works tirelessly on the cashless scheme, created to minimize the use of banknotes and at the same time track down the crafty ones for easy evasion. This what we are writing about is the last signed news Giuseppe Conte. The Giallorossi are studying an award for those in the top 100,000 users of digital payments.

The reward will consist of a credit to a current account for an amount equal to 1,500 euros per semester (maximum 3,000 euros per year). A kind of cousin. There are no spending limits or limits on purchased product sectors, but an entry threshold of at least 100 transactions every 365 days. the Supercashback, this is the name of the measure that will probably start the next December, It is in addition to the refunds that consumers will accumulate in the semester for the mere fact of paying for goods and services with credit cards.

How does it work

me money at the disposal of the project are 3 billion euros. The amounts will be paid in two installments, the first in June and the second in December. To encourage the use of electronic money as much as possible, the possibility of providing a minimum number of operations to be carried out to obtain the bonus is being evaluated.

The estimate is that in this first phase some 10 million Italians use cashless, but, according to Palazzo Chigi, if the audience were to be reduced, we are ready to redistribute resources and aim for a repayment limit of six months up to 500 euros. Those interested must register and give their authorization, either on their bank’s website or in the IO application. When registering, you will provide the tax code, thewere going and will link the cards you intend to use with your account. The refund is not tied to the use of a single card, but is cumulative. Purchases made are excluded from the operation online.

Privacy

The one we talked about, the refund of money, it is a delicate operation in terms of privacy. Our amounts of data and expenses will travel across multiple platforms and will be processed by multiple entities, including the Revenue Agency. The Ministry of Economy will have PaymentPa which, obviously, will be accompanied by the different banking platforms. Consumers must register in the application associating their tax code with the card they use. To do this, they must be equipped with the Spid digital identity, but to overcome this complication, the possibility of using the different payment channels is also being studied. However, the opinion of the privacy guarantor is decisive in this regard.

The government’s cashless plan is primarily aimed at fightingevasion. And this is not the only measure studied by the executive from this point of view. In fact, since last July, the maximum limit for the use of cash has been reduced from 3,000 to 2,000 euros and, therefore, as of January 1, 2022, it will go down to 1,000. In addition, as of January 1, the threshold to pay with contactless card Based on the commitments already made official by all the main operators in the sector, it will be gradually increased to 50 euros compared to the current limit of 25 euros.

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