Regulatory Alerts2025-01-01
Instructions No. 13 of 2025 Regarding the Use of Cards in Point-of-Sale Services
The Palestine Monetary Authority issued Instructions No. 13 of 2025 to regulate fees and commissions charged on payment card transactions at point-of-sale terminals. The mandate requires service providers to refrain from imposing any fees or commissions on cardholders' accounts for such transactions and mandates that merchant agreements explicitly reflect this prohibition, with termination as a penalty for non-compliance. Applicable to all locally and internationally issued debit, credit, and prepaid cards, these Instructions take effect upon issuance and enforce penalties under Decision-Law No. 41 of 2022 for any violations.
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