{"id":9205,"date":"2018-11-29T00:00:57","date_gmt":"2018-11-29T00:00:57","guid":{"rendered":"https:\/\/www.olartemoure.com\/?p=9205"},"modified":"2019-11-28T16:13:24","modified_gmt":"2019-11-28T16:13:24","slug":"peru-indecopi-reminds-merchants-that-price-rounding-must-be-in-favor-of-consumers-for-cash-payments","status":"publish","type":"post","link":"https:\/\/olartemoure.com\/en\/peru-indecopi-reminds-merchants-that-price-rounding-must-be-in-favor-of-consumers-for-cash-payments\/","title":{"rendered":"Peru: Indecopi reminds merchants that price rounding must be in favor of consumers for cash payments"},"content":{"rendered":"

On 16 November 2018, the Peruvian Consumer Protection Office (Indecopi in Spanish) stated that in light of the Central Reserve Bank\u2019s (BCR in Spanish) disposition to withdraw the 5 cent coin from circulation starting 1 January 2019, price\u00a0rounding must always be done benefiting consumers\u00a0<\/a>, as indicated in the Consumer Protection and Defense Code.<\/p>\n

It also clarifies that trade establishments can consult consumers if they accept rounding by raising the price to the next decimal as long as that surplus is destined for donation. If so, the donation provider must inform which institution she intends to benefit.<\/p>\n

Original Source in Spanish<\/u>:\u00a0<\/strong>
\nhttp:\/\/bit.ly\/2RbeZGE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On 16 November 2018, the Peruvian Consumer Protection Office (Indecopi in Spanish) stated that in light of the Central Reserve Bank\u2019s (BCR in Spanish) disposition to withdraw the 5 cent coin from circulation starting 1 January 2019, price\u00a0rounding must always be done benefiting consumers\u00a0, as indicated in the Consumer Protection and Defense Code. It also […]<\/p>\n","protected":false},"author":2,"featured_media":9207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[47,59,160],"tags":[],"class_list":["post-9205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-newsletter-en","category-consumer-law"],"yoast_head":"\nPeru: Indecopi reminds merchants that price rounding must be in favor of consumers for cash payments - OlarteMoure | Intellectual Property<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/olartemoure.com\/en\/peru-indecopi-reminds-merchants-that-price-rounding-must-be-in-favor-of-consumers-for-cash-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peru: Indecopi reminds merchants that price rounding must be in favor of consumers for cash payments\" \/>\n<meta property=\"og:description\" content=\"On 16 November 2018, the Peruvian Consumer Protection Office (Indecopi in Spanish) stated that in light of the Central Reserve Bank\u2019s (BCR in Spanish) disposition to withdraw the 5 cent coin from circulation starting 1 January 2019, price\u00a0rounding must always be done benefiting consumers\u00a0, as indicated in the Consumer Protection and Defense Code. 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