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Bitcoinist
2022-08-01 12:00:40

Restrictions On Cash Payments In Israel Prompt Shift To Digital Payments

Restrictions On Cash Payments In Israel Prompt Shift To Digital Payments

In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company’s cash transaction limit was 11,000 NIS ($3,200) per client. With this restriction on using cash transactions with clients, Israel continues its […]

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