One euro is divided into 100 cents. There are eight different coins (1, 2, 5, 10, 20 and 50 cents and 1 and 2 euro) and seven banknotes (5, 10, 20, 50, 100, 200 and 500 euro). In addition to cash, you can pay for your purchases using the most common credit cards. This is a customary payment system in Italian stores that normally display credit card symbols at the entrance. Paying by credit card you will be asked to show proof of identity.
Travelers’ checks (in dollars or euros) are also changed in banks. Tips are not mandatory. In Italy there are no consolidated rules on tips, although it is customary to leave a figure equal to about 10% of the amount of the account in the event that the customer