VAKEL d.o.o. Šabac enables to its clients the execution of transactions in NBS IPS system

The payment institution VAKEL d.o.o. Šabac joined the National Bank
of Serbia's Instant Payment System (NBS IPS system) on 3 February 2025,
thereby enabling its clients to carry out transactions via the NBS IPS
system. Namely, VAKEL d.o.o. Šabac has become an indirect participant –
an entity with indirect access to the NBS IPS system. By joining the NBS
IPS system, this payment institution will enable the execution of
instant payments for its clients through OTP Banka Srbija a.d. Novi Sad,
which is a direct participant in the NBS IPS system.

The NBS IPS system enables one of the most advanced payment methods
currently available worldwide. The system operates 24 hours a day, 7
days a week, 365 days a year. Thanks to this system, citizens and
businesses in Serbia can make payments easily and quickly, anywhere and
anytime, including on weekends, public holidays, or at night, while the
recipients receive the funds within a few seconds only.