Payments via IRIS now mandatory everywhere as of today – What changes
The new framework also introduces heavy penalties of up to €20,000 for those who fail to comply
IRIS becomes mandatory – Changes the way of payments and receipts
How it applies from 1 December what businesses must have ready what changes for consumers and how receipts will be checked
Major shift in payments: IRIS becomes mandatory for all businesses from November 1 – Heavy fines for non-compliance
IRIS enables instant account-to-account payments in real time, offering both transparency and tax compliance