About
NBS IPS is Serbia's instant payment system, operated by the National Bank of Serbia since 22 October 2018. Banks, the NBS and the Treasury connect directly, with payment and e-money institutions as indirect participants; payments of up to RSD 300,000 settle within seconds, 24/7/365. Consumers use it through bank e-banking and mobile apps, by scanning the standard IPS QR code on bills, at shop tills and at online checkouts, and via the Transfer service to a mobile number. In the first half of 2025 it processed 50.7 million payments worth RSD 628.7 billion, 24.8% more by number than a year earlier.
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