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2 clusters · 11 sources · 17 days · First seen · Last updated

Italian proposals for digital euro implementation

Overview

Italy has initiated proposals to shape the regulatory and fee structure of the digital euro, focusing on protecting small businesses from high transaction costs. Initially, the Italian government proposed waiving or significantly reducing fees for digital euro payments under €10. This move aims to address disparities where small merchants pay significantly higher fees than large corporations when using existing networks.

Following this, four major Italian trade associations—Confcommercio, Confesercenti, Fipe, and Netcomm—presented a joint set of recommendations to European negotiators. These associations advocated for eliminating commissions on micropayments, ensuring offline resilience, and maintaining zero hardware costs through automatic integration with existing POS terminals. The collective efforts seek to increase competition and reduce European reliance on non-EU payment providers.

Entities

European Central Bank · Visa · Mastercard · European Union · Netcomm

Timeline

  1. 7 days ago

    [BUSINESS] 2 sources
    Italian trade associations propose key rules for digital euro

    Italian trade associations have proposed key rules for the digital euro, including zero commissions on micropayments and offline functionality to reduce dependence on non-EU payment providers.

  2. 24 days ago

    [BUSINESS] 9 sources
    Italy proposes near-zero fees for digital euro payments under €10

    Italy has proposed near-zero transaction fees for digital euro payments under €10 to protect small businesses from high costs and increase European strategic autonomy in payment systems.

Sources

askanews.it · coinedition.com · de.euronews.com · financije.hr · fjala.al · focus.de · hu.euronews.com · italiaatavola.net · radiostudio90italia.it · smartworld.it · tuttoandroid.net