DUBAI: The 蹤獲弝け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.
塈堨媢塈堙 堭堻 媢塈堛 堮堹堛 塈媟 塈堥媢 塈堛堿塈堭堜 塈堨堛堭堜.
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 蹤獲弝け - 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.
