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Exclusive: Central Bank Urges Municipal Guard to Enforce Mandatory Use of POS Machines for All Businesses
Our source obtained a letter from Central Bank Governor Naji Issa addressed to the Municipal Guard, calling for the enforcement of mandatory use of point-of-sale (POS) machines by all business owners to ensure the expansion of electronic payment services.
The letter added that, within the legal mandate of the Municipal Guard—responsible for monitoring compliance with laws and regulations issued by government entities and preventing violations—it is expected to require businesses to provide and use POS machines to facilitate financial transactions for citizens.