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Thursday, October 31, 2024
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Kuwait upholds cash payment rights

KD10 cash limit on domestic labor offices, car sales, temporary trade fairs, and pharmacies

publish time

29/10/2024

publish time

29/10/2024

Kuwait upholds cash payment rights

KUWAIT CITY, Oct 29: The Ministry of Commerce and Industry has confirmed that the cash payment method is applicable in almost all commercial activities, except those for which a ministerial decision was issued prohibiting cash payment, such as domestic labor offices, car sales, temporary trade fairs, and pharmacies if the transaction amount exceeds KD10. The ministry reiterated that all other activities normally accept cash payment; stressing no point of sale has the right to reject cash payment, as cash remains an essential part of the payment process in commercial activities.

It affirmed that store owners can offer consumers additional electronic payment methods in addition to cash payment to ensure everyone’s comfort and facilitate commercial transactions.

In another development, the ministry's Commercial Control Department inspected the Perfume Exhibition to ensure that traders comply with the laws and regulations prohibiting the marketing and promotion of goods and services outside the boundaries of shops and booths.

This inspection aims to protect consumers from any illegal promotion to ensure that sales and promotions are completed professionally without inconveniencing or pressuring consumers who visit the booths and stores. This is in addition to protecting the rights of consumers and ensuring strict compliance with laws to guarantee a fair and safe commercial environment.

By Marwa Al-Bahrawi

Al-Seyassah/Arab Times Staff