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" ... While statistics indicate that Italians are increasingly keen to making cashless payments, on the other hand retailers are more skeptical about accepting either credit or debit cards from customers. In fact, according to a recent poll by Confcommercio, the Italian firms association, 67% of companies do not consider these payment methods convenient, mostly due to management costs and commissions. Many of them, the association explains, have tried contacting their bank to reduce their fees, but 60% of them were unsuccessful. And while 75% of them consider costs reduction a priority in order to push for card use development, a good 23% would also like fewer installation and management costs. That is why, according to Confcommercio, the government’s plan would also need to “define convenient conditions to all users of electronic payments systems, including retailers.” ... "
" ... “It’s a transformation that’s already been underway for a number of years—this evolution into a more cashless society,” said Katie Saez, head of sales for the treasury solutions business at BB&T | SunTrust now Truist. ... "