2025-01-01
The Palestine Monetary Authority issued Instructions No. 3-2025 to regulate fee collection for point-of-sale transactions within the National Key 194 system. The directive mandates that members must cease charging or booking fees on electronic payments in Israeli Shekels for amounts equal to or less than 100 ILS. This prohibition is effective immediately upon issuance and remains in force until December 31, 2025.
Based on the provisions of Law No. (9) of 2010 regarding Banks, particularly Articles (40, 72) thereof, and the provisions of Law No. (41) of 2022 regarding National Payments, particularly Articles (7, 18) thereof, and subsequently to Instructions No. (1) of 2022 regarding Membership in the National Key 194 System, and based on what was approved by the Board of Directors of the Palestine Monetary Authority in its meeting No. (286) dated 22/06/2025, and based on the powers delegated to us, and to achieve the public interest, we have issued the following Instructions:
The provisions of these Instructions apply to all members of the National Key 194 System operated and managed by the Palestine Monetary Authority.
In exception to what was stated in Article (12) of Instructions No. (1) of 2022 regarding Membership in the National Key 194 System, the member must stop collecting and/or booking the fees mentioned in this Article on electronic payments in Israeli Shekels for amounts equal to or less than (100) one hundred Shekels, starting from the date of issuance of these Instructions until 31/12/2025.
All competent authorities must implement the provisions of these Instructions, each within its respective scope, and apply them starting from the date of their issuance.
Issued in Ramallah on 22/06/2025 AD
Yahya Al-Shenar Governor
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Postal Code: P6160675 | Postal code: P6160675 Tel: +970 2 2415251 | Tel: +970 2 2415251 Fax: +970 2 2415310 | Fax: +970 2 2415310 info@pma.ps