Italy

Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

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Visa and Fintech District Partner to Expand Italy’s FinTech Ecosystem
Visa and Fintech District Partner to Expand Italy’s FinTech Ecosystem
January 23, 2023  |  Partnerships

Visa and Fintech District have partnered to help expand the FinTech ecosystem in Italy. Fintech District is a community of national and international stakeholders in...

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Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption
Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption
January 15, 2023  |  Cash

Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on...

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Italians Twice as Likely to Use eWallets for eCommerce Transactions
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023  |  Digital Payments

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet...

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Italy’s 26% Crypto Tax Signals Dwindling Band of Global Havens
Italy’s 26% Crypto Tax Signals Dwindling Band of Global Havens
January 03, 2023  |  Cryptocurrency

Italy’s 26% crypto tax shines a light on different global approaches to crypto taxation. When crypto assets first exploded onto the world stage, governments scrambled...

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Italy Imposes 26% Crypto Tax
Italy Imposes 26% Crypto Tax
December 30, 2022  |  Cryptocurrency

Italy’s new crypto tax is set to impose a 26% capital gains levy on traders. The tax on crypto traders is set to go into...

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Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
December 27, 2022  |  Point of Sale

Nexi has signed an agreement to integrate its payment services with Olivetti cash registers. The memorandum of understanding will see the two Italian firms —...

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Italian and Albanian Authorities Break Up Crypto Scam Ring
Italian and Albanian Authorities Break Up Crypto Scam Ring
December 23, 2022  |  Security & Fraud

Italian and Albanian authorities have broken up an organized crime group’s crypto scam.  The group had stolen an estimated 15 million euros (about $16 million),...

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Italy U-Turns on Policy Supporting Cash Payments
Italy U-Turns on Policy Supporting Cash Payments
December 19, 2022  |  Cash

The Italian government has scaled back plans to promote cash payments. After announcing in its 2023 budget that it would scrap fines for merchants that...

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