Article
Proposed Amendments To Serbia’s Law On Interchange Fees And Special Operating Rules For Card-based Payment Transactions
Serbia's National Bank has proposed amendments to the Law on Interchange Fees and Special Operating Rules for Card-based Payment Transactions, introducing caps on interchange fees for both domestic and international card transactions. The draft legislation distinguishes between card-present and card-not-present transactions, with fees ranging from 2% to 15% depending on transaction type, marking a significant shift in the country's financial regulatory framework as part of its EU accession process.
Kinstellar
