POS interface with Cash: More than 78,000 applications in nine days in the 4th financing cycle

The applications submitted within 9 days in the 4th cycle for the partial acquisition of the market and interconnection with the cash machine reached 78,604, according to the data of the Ministry of Digital Governance. In particular, these applications have been submitted since the start of the 4th cycle on 26.2.2024 and in addition to the above, cover a number of additional digital needs of businesses, while the deadline for submission of applications for funding for POS is active until Tuesday 12 March. It is recalled that the aid has the form of a cheque (voucher) and the beneficiaries have the possibility to use it in approved suppliers of the Digital Transactions Programme, the Ministries of National Economy and Finance and Digital Governance. The Digital Transactions Programme is carried out within the framework of the Action “Digital Transformation of MME”, implemented by the Ministry of Digital Governance and the Information Society (M.A.C.), under the National Recovery and Resistant Plan of Greece 2.0 with the funding of the European Union-Next Generation EU. More specifically, applications submitted to date under the 4th cycle are as follows: Category 1 – Supply of new or replacement existing EFT/POS: 32,004 Category 3 – Downloading e-invoicing provider services & billing software: 4.841 Category 4 Upgrading of EFT & POS for interconnection with EFT/POS: 30,749 Category 5: Replacement of VAT, excluding catering operations: 4.362 Category 6: Replacement of VAT (ITM or VAT or VAT) of catering businesses: 6.648 The potential interest shown in joining the 4th round of the financing programme comes as a follow-up to the first 3 cycles during which vouchers were approved in 290,975 enterprises with total funding of EUR 40,6 million. Deadline for applications It is stressed that new eligible activities have been added to the 4th financing cycle, which are indicative of the processing and marketing of fishery and aquaculture products, and are the following: Production of fats and oils and their fractions, fish and marine mammals Commercial agents involved in the sale of fish, live and seed Commercial agents involved in the sale of fish, crustaceans and molluscs, non-live Wholesale of products n.e.c. fish or crustaceans, molluscs or other aquatic invertebrates Wholesale of corals and similar products, molluscs, crustaceans or echinoderms and cuttle bones Wholesale of pearls from cultivation, raw materials Wholesale of natural pearls, raw materials 47.23 Retail trade of fish, crustaceans and molluscs in specialised stores Retail trade of pearls from cultivation, raw Retail trade in natural pearls, raw Retail trade of coral and similar products, molluscs, crustaceans or echinoderms and soup bones 47.91.15 Retail trade of fish, shellfish and molluscs, by correspondence or via internet 47.99.15 Other retail trade of fish, crustaceans and molluscs outside shops, outdoor benches or markets 10.2 Processing and maintenance of fish, crustaceans and molluscs 46.38.1 Wholesale of fish, crustaceans and molluscs In addition, where an undertaking operates in more than one CPR, the CPR of Main Activity shall first be taken into account in assessing eligibility and if it is not eligible, secondly the CPR with the largest revenue. It is noted that, especially in Energy Category 1, undertakings which have one of the following CPRs, relating to retail activities on open-air benches and markets, are eligible, even if these are not the main CPR or CCD with the highest revenues: CAD DESCRIPTION OF ACTIVITY Retail trade in food, beverages and tobacco, producer-seller in outdoor stalls and markets 47.81. 10.02 Retail trade in food, beverages and tobacco, professional -seller in outdoor stalls and markets 47.89. 10.01 Retail trade of other goods, producer-seller on outdoor stalls and purchases 47.89. 10.02 Retail trade of other goods, professional – seller in outdoor stalls and markets It is necessary that the above mentioned CSAs show non-zero revenues in the reference year in that CSA. It is noted that the start-up and 5th cycle of financing is expected for those who did not join the previous cycles and are entitled to funding. Time limits for the POS-funding machine interface It is recalled that, following the recent extension communication in order to complete without technical problems the major task of connecting POS with cash machines, the relevant deadlines are set as follows: By 31 March 2024 for those undertakings which have not interconnected their systems to contact authorised cash machine installers to complete the process. It is noted that this extension can be extended for an additional month, i.e. until 30 April 2024: for businesses that have failed to find an available appointment within March, but have a scheduled appointment with an installation technician within April. The appointments should be stated on a special platform to be launched by the AADE on the second 15th of March. for businesses that will declare on the POS Registry that they are going to replace their cash system with some of the new available solutions all in one, which does not require any additional interconnection actions. Already, two electronic billing providers have been approved with such solutions and very soon more are expected. It is clarified that those companies falling within the 35 retail branches that are required to install POS, provided that they are ordered by 29 February have the opportunity to install it within March. They should then proceed to the POS link with the cash flow within the timetables mentioned above and which concern all companies. In particular companies using a software system (ERP) and having to follow the basic interconnection rule of A.1155/2023 for their POS, it is recalled that they already have a deadline until 31 May 2024. At the same time as the new interconnection schedule, the deadline for the withdrawal of tax mechanisms is extended until 30 April 2024 by the companies using them. Finally, it is clarified that the cashiers of companies that are closed for any reason (e.g. seasonality) and will open after the end of the above timetable (which amounts to around 30,000) should be linked to the POS terminals they have had since the first day of the operation of the operations.