Banking & Fintech

The Polish Parliament adopted the statutory guarantee of cash payments acceptance

Polish Sejm (the lower chamber of Polish Parliament) adopted the draft novel to the Payment Services Act which was presented by the Polish President Andrzej Duda.

The draft novel includes NBP inspired changes concerning the compulsory acceptance of cash by merchants / professional vendors, which are materialized in projected art. 59ea Payment Services Act, according to which merchants shall not:

(i) conclude a B2C contract conditional on cashless payment and,

(ii) refuse to accept payment in B2C relation with Polish currency, however, according to a recent change, this will apply up to the amount of the average salary in the enterprise sector (currently PLN 5,775.25) – meaning that the payments exceeding such value will not be covered by the statutory guarantee,

(iii) charge any additional fees for accepting payment in B2C relation with Polish currency,

(iv) differentiate the price depending on payment method.

Author team leader DKP Legal Piotr Putyra
Contact our expert
Write an inquiry: [email protected]
check full info of team member: Piotr Putyra

Contact us

Flaga Polski.POZNANPOLAND
Zamkowa 7/11
61-768 Poznan
+48 61 853 56 48[email protected]
Flaga Polski.WARSAWPOLAND
Rondo ONZ 1
00-124 Warsaw
+48 22 300 16 74[email protected]
Flaga Polski.WROCLAWPOLAND
Swobodna 1
50-088 Wrocław
+48 61 853 56 48[email protected]
Flaga Polski.KRAKOWPOLAND
Opolska 110
31-355 Kraków
+48 61 853 56 48[email protected]
Flaga Polski.ZIELONA GÓRAPOLAND
Jana Sobieskiego 2/3
65-071 Zielona Góra
+48 61 853 56 48[email protected]