Regulatory Alerts2025-01-01
Palestine Monetary Authority Instruction No. 4 of 2025 on the Use of Cards at Point of Sale
The Palestine Monetary Authority issued Instruction No. 4 of 2025 to regulate fees and commissions for card payments at point of sale terminals. The instruction mandates that point of service providers must not charge any fees or commissions to cardholders for using their cards and must enforce this prohibition through agreements with merchants. Violations of these provisions are subject to penalties under the National Payments Law No. 41 of 2022, and the instruction became effective upon its issuance.
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