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Payment System

Payment System

In the broadest sense of the term, payment system is a set of systems enabling transfer and circulation of funds. To perform its role successfully, the payment system must fulfill three prerequisites. One is that the financial assets should be kept in payment transaction channels for as short a time as possible. The second involves reliability and implies secure performance of transactions and uninterrupted availability, while the last, but not the least, is the affordability of the prices of these services.

Considering that the payment system strongly influences the velocity of flows in the economy, overall costs and liquidity of participants, and that it serves as a monetary policy transmission channel (disruptions in the payment system could compromise public confidence in the financial system as a whole), it comes naturally that the central bank should be the one highly interested in ensuring its efficient functioning.

In fact, one of the key legally-mandated functions of the National Bank of Serbia is to regulate, oversee and promote smooth operation of the national payment system.


Numerous Possibilities for Paying with DinaCard Free of Charge
2017-11-10 12:57:37.0 The NBS would like to remind the public that the national payment card – DinaCard...
 
NBS RTGS and Clearing System Turnover and Interbank and International Clearing of Foreign Exchange Payments in October
2017-11-01 15:32:20.0 In the course of 22 business days in October, total 17.9 million payments...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in September
2017-10-02 15:23:40.0 In the course of 21 business days in September, total 16.5 million payments were processed...
 
DinaCard Enables Payment of Telekom Serbia Bills Via SMS Free of Charge
2017-10-02 15:05:43.0 The NBS wishes to remind the public that DinaCard enables a very simple payment of Telekom Serbia...
 
Cash Back Service Introduced in Serbia
2017-09-29 12:49:35.0 The NBS and the Ministry of Finance wish to inform the public that the cash back service has been introduced in Serbia. Citizens will now be able to receive a cash refund at the PoS after making payment card purchases of goods and services.
 
NBS Resolved all Dilemmas Surrounding Compulsory/Optional Use of Stamps
2017-09-08 14:38:09.0 To support Government activities aimed at the creation of a more favourable business environment...
 
NBS RTGS and Clearing System Turnover and Interbank and International Clearing of Foreign Exchange Payments in August
2017-09-01 15:34:22.0 In the course of 23 business days in August 2017, a total of 17.2 million payments were processed in the NBS RTGS (12.8 million or 74.3%) and clearing system (4.4 million or 25.7%)...
 
NBS RTGS and Clearing System Turnover and Interbank and International Clearing of Foreign Exchange Payments in July
2017-08-02 12:47:03.0 In the course of 21 business days in July, total 16.7 million payments were processed in the NBS RTGS...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in June
2017-07-03 14:17:50.0 In the course of 22 business days in April 2017, a total of 17.8 million payments were processed...
 
DinaCard Logo Design Contest
2017-06-20 16:31:15.0 The NBS has launched the contest to design the new logo for the national DinaCard payment card...
Related Topics...
Regulations
Law on Payment Services
Red Book - Serbia
Account Numbers and Bank Identification Codes of Participants in the NBS RTGS and Clearing System
Banks Participating in the Clearing of International Payments