Plas­tic money users could earn free credit on the spot

Kathimerini English - - Focus -

Tax­pay­ers who use their credit and debit cards for trans­ac­tions will have to wait un­til March for the Fi­nance Min­istry to is­sue its de­ci­sion on the var­i­ous state lot­ter­ies and prize draws. Deputy Min­is­ter Ka­te­rina Pa­panat­siou noted how­ever that although the de­ci­sion will not be re­leased un­til the end of March, the draws will in­clude card trans­ac­tions con­ducted since Jan­uary 1.

Sources say that the gov­ern­ment’s plan does not in­clude on-the-spot cash re­turns but rather free credit for use in stores, as the min­istry’s aim is to see the prize money re­turn to the mar­ket.

Pa­panat­siou ex­plained that as soon as buy­ers make a card trans­ac­tion they will im­me­di­ately be no­ti­fied through the card ter­mi­nal if they are a win­ner and, if so, how much free credit they have won, while in other cases there will be weekly or monthly draws. The amount set aside for such in­cen­tives comes to 12 mil­lion eu­ros for 2017.

Ac­cord­ing to the plan, which has not yet been fi­nal­ized tech­ni­cally, 50 lucky con­sumers across the coun­try will win free credit each day. All re­ceipts for card pay­ments will be en­tered into a draw with the prizes be­ing in the form of free credit.

In the com­ing days the min­istry will an­nounce which en­ter­prises will be obliged to have card ter­mi­nals.

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