payment
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Central Bank May Take Action Against Businesses Refusing Cash Payments
Central Bank Governor Ásgeir Jónsson has emphasised the urgency of improving domestic payment systems, calling it both a major consumer issue and a critical security concern, reports RÚV. He has not ruled out the possibility of the Central Bank taking action against…
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PIN Numbers Challenging For Drinkers —Bar Chaos Warning
Until last Monday, consumers could, in many cases, use their debit cards in stores and other venues without entering a pin number. Since January 19, this is no longer the case. Debit and credit cards are widely used in retail in Iceland,…