Top payment methods in Serbia: A guide on best ways to pay
Wondering what the most popular ways to pay are in Serbia? Explore the top payment options and choose wisely.
Serbia, with a population of around 6.53 million people, has a GDP of approximately 92.55 billion making it the 76th largest economy in the world. The official currency of Serbia is the Serbian Dinar (RSD)
The economy is driven by manufacturing, particularly in the automotive and electronics sectors, and energy. It is a candidate for EU membership, and the European Union is by far its most significant trading partner.
| Country | Serbia |
|---|---|
| Population | 6.53 million |
| GDP (USD) | 92.55 billion |
| Global Ranking | 76th |
| Currency | Serbian Dinar (RSD) |
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What is the main payment method in Serbia?
The most common payment method for everyday transactions in Serbia is physical cash, the Dinar. In cities and modern retail environments, debit and credit cards are widely accepted. The country's instant payment system, which allows for payments by scanning an IPS QR code, is also growing in popularity.
How to pay in Serbia
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Serbia.
| Payment Method | Description | Type |
|---|---|---|
| Wise | Wise provides international money transfer services. It is known for offering transparent, low-cost currency exchange rates and fast transfers. Wise uses the mid-market exchange rate and charges a small, upfront fee, making it a cost-effective alternative to traditional banks for sending money abroad. The platform also offers multi-currency accounts, allowing users to hold and manage money in multiple currencies. | Online/In-person |
| Cash (Serbian Dinar) | Cash is a very popular and dominant payment method for the majority of daily transactions in Serbia. | In-person |
| Cards (DinaCard, Visa, Mastercard) | The national card scheme, DinaCard, is widely issued. International cards are also very common and accepted in most retail environments. | Online/In-person |
| Bank Transfers (Instant Payments) | The IPS NBS system allows for instant payments 24/7, enabling real-time P2P and merchant payments via banking apps. | Online |
| Digital Wallets | Digital wallets from local banks and international providers (Apple Pay, Google Pay) are available and growing in popularity. | Online/In-person |
Is PayPal available in Serbia?
Yes, PayPal is accepted in Serbia.
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Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.