Mastercard enables new CVM limit for contactless payments in Serbia: Up to 4,000 dinars with no PIN
Following the practice already implemented in 29 countries that have changed CVM limits in the previous period, Mastercard announces an increase in the CVM limit for contactless payments from RSD 3,000 to RSD 4,000 in Serbia as of April 15, 2020. Increasing the limit for contactless payments has the ultimately goal to improve consumers shopping experiences. Important new move builds on the phenomenal growth in use of contactless with Mastercard enabling businesses and retailers to implement limit increases quickly and efficiently to help people everywhere benefit from the fastest and simplest way to pay. For more information please visit the link.