Payment systems

The decision was made based on the Decision adopted at the session of the Belgrade City Assembly on April 13 this year.

The European Commission is preparing to create a digital euro, it became clear from a draft law seen yesterday by DPA.

Consumers in Eurozone countries will be able to pay with the digital euro in a variety of ways, for example through their smartphones or smartwatches.

This payment method differs from paying by debit or credit card, DPA notes.

Online gambling has become increasingly popular in Canada as a thrilling and convenient way to enjoy a wide range of casino games while having the opportunity to win real money. However, not all online casino sites are created equal, and it's important to consider several factors before signing up and depositing your funds.

The value of transactions made with plastic money in Greece last year came to 54 billion euros, an amount representing 38.5% of total consumer spending, which reached €130 billion in the same period.

The Central Bank has canceled a previous decision that introduced limits on cash advance withdrawals from credit cards and overdraft accounts.

The bank announced the decision regarding cash advances at the start of the week.

BELGRADE - The National Bank of Serbia Instant Payment System (NBS IPS) processed 360,741 payments on Monday, May 15, reaching its new daily record high.

The growing use of plastic money by Greek consumers for transactions in brick-and-mortar stores or e-commerce is strengthening the appetite of certain people for intercepting card details and embezzling larger amounts.

Foreign citizens and Greeks living abroad will be able to pay any tax obligations with credit and debit cards issued by foreign banks from late 2023. The Independent Authority for Public Revenue has already started the tender and soon the contractor of the project will be decided, so that by the end of 2023 those holding foreign cards will be able to make payments to the state.

The European Commission wants to make online transactions faster and safer by making immediate payments the main option to pay for online items or simply transferring money. The EU's proposed law aims to make quick payments a barrier to the dominance of international systems such as Visa and MasterCard, as well as the entry of large internet companies into the payments sector.

The value of debit and credit cards transactions by Greeks last year reached 49.6 billion euros, accounting for approximately 38% of private consumption.