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Vatican Is 'Cash Only' As Bank Of Italy Blocks Electronic Payments Over Money Laundering Concerns

 
G3
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01/04/2013 11:12 PM

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Vatican Is 'Cash Only' As Bank Of Italy Blocks Electronic Payments Over Money Laundering Concerns
Vatican Is 'Cash Only' As Bank Of Italy Blocks Electronic Payments Over Money Laundering Concerns

VATICAN CITY -- It's "cash only" now for tourists at the Vatican wanting to pay for museum tickets, souvenirs and other services after Italy's central bank decided to block electronic payments, including credit cards, at the tiny city-state.

Deutsche Bank Italia, which for some 15 years had provided the Vatican with electronic payment services, said Thursday that the Bank of Italy had pulled its authorization after Dec. 31.

cont'd:

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01/05/2013 12:44 PM

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Re: Vatican Is 'Cash Only' As Bank Of Italy Blocks Electronic Payments Over Money Laundering Concerns
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