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New Generation Payment Systems

What is the New Generation Systems?New Generation Payments Systems is that combination of the cash register and EFT-Aloha pos help manuals and approving their technical specification by Revenue Administraion.New Generations Systems User RequirementsEvery retail and food&beverage sector must have new generation payment systems(electronic terminals, cash register and the scales with a printer device) according to Law No. 3100 of the Revenue Administraion.According to the draft prepared by The Revenue Administraion, It will be a gradual transition to new generation systems since January 1, 2016.Gradual transition is as follows:•Companies which have annual revenue under the 150 thousand Turkish Liras will start on in Turkey,•Companies which have annual revenue between 150 and 500 thousand Turkish Liras will start on in Turkey,•Companies which have annual revenue between 500 thousand-1 million Turkish Liras will start on in Turkey,•Companies which have annual revenue more than 1 million Turkish Liras will start on in Turkey.

New Generation Payments Systems

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