NPCC from Serbia joins the Berlin Group

4 May 2007

National Payment Card Centre (NPCC) is a part of the National Bank of Serbia and is currently working on the development of the Serbian national payment card system - DinaCard. DinaCard system was founded in 2003, in close cooperation between the National Bank of Serbia and commercial banks. At this point, market share of the DinaCard system in the Serbian payment card markets equals approximately 30 % and all commercial banks functioning in Serbia are members of the system. Apart from leading the project of the national payment card, NPCC is also in charge of routing transactions in DinaCard system through the central switching system, as well as performing financial settlement between domestic banks in all major payment card schemes present in the Serbian card market (DinaCard, VISA , MasterCard and YUBA).

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