1. Emilija Vuksanović, Економски факултет Универзитета у Крагујевац, Serbia
This paper deals with the implementation of the SEPA Direct Debit (SDD) Scheme in the
payment system in Serbia, which was the first Southeastern European country to obtain the
SEPA license. The paper analyses the key challenges of the implementation of the SEPA
operating activities and its potential effects on the payment system in Serbia. The implementation
of the SEPA concept should remove the remaining elements of inconsistency between
the concept and operative functioning of the payment system in Serbia. Irrespective of the legal
possibilities, this segment of the payment system still operatively functions as the system of
enforced collection of claims which is incompatible with the SDD concept. The Association of
Banks of Serbia (ASB), as the Processor, implements the SDD Payment Scheme, and the system
in now in the testing phase.
The subject matter of the analysis is important because it offers a number of possibilities for
further improvement in the payment system of Serbia. It is also expected that the improved
payment system will have positive effects on the economy, either directly or indirectly through
the influence of banking institutions and authorities.
Кључне речи :
Тематска област:
Entrepreneurship, Growth and Competitiveness
Датум:
07.04.2015.
REDETE 2014 - Researching Economic Development and Entrepreneurship in Transition Economies
