Regulatory Alerts2025-05-22
Added · Updated
Law on Payment Services
The Republic of Serbia enacted this consolidated law to regulate the provision of payment services, electronic money, and payment systems under the supervision of the National Bank of Serbia. The legislation establishes comprehensive definitions for payment transactions, instruments, and service providers while explicitly exempting specific low-risk activities such as cash-only transactions and certain limited-use instruments from its scope. It further categorizes regulated payment services, including cash handling, fund transfers, and credit line executions, to ensure standardized operational and supervisory frameworks.