*  *  *  Ladies and gentlemen, Allow me to greet you on behalf of the National Bank of Serbia on the occasion of the annual meeting on payment cards organized by the Serbian Chamber of Commerce.
This nowtraditional meeting has had a key role in bringing together the most important elements of the card business chain – card systems, banks, merchants and regulators, the cooperation among which is vital for resolving the key issues facing the card payment systems: •  Quality of services  •  Security of payment  •  Efficiency  NBS achievements in these three key aspects over the past 12 months: 1.