Regulatory Alerts2018-07-20
Added · Updated
Law on Multilateral Interchange Fees and Special Operating Rules for Card-based Payment Transactions
The Republic of Serbia enacted this law to regulate multilateral interchange fees and special operating rules for card-based payment transactions. The legislation imposes caps of 0.2% for debit cards and 0.3% for credit cards on interchange fees while mandating fee transparency and prohibiting discriminatory routing practices. The National Bank of Serbia is designated as the primary supervisor for enforcing these provisions and imposing sanctions on non-compliant entities.
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