Central Banking

Serbia's Jelasic: more e-payments competition

The National Bank of Serbia wants to strengthen competition in payment transactions by supporting non-bank institutions, such as mobile operators, said Radovan Jelasic, the governor of the central bank.

In a recent speech on payment transactions and the card business, Jelasic said that the majority of banks still charge relatively high fees for electronic money transfers (up to 0.5% per transfer) although the volume and the average value of payments have increased significantly, thereby reducing

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