card transactions

Consumer spending in Serbia strengthens as card transactions surge

Serbia’s domestic spending environment continues to show resilience, with latest National Bank of Serbia (NBS) data revealing a strong rise in card transactions and electronic payments—an important signal for retail activity, market demand, and broader consumer confidence. In the third quarter, the number of card purchases rose by more than 20 percent year-on-year, indicating households are spending more frequently and relying increasingly on digital and cashless payment channels. The number of issued cards also increased significantly, alongside double-digit growth in…