site.btaCentral Bank Deputy Governor: All Payment Services in EU Are Accessible in Bulgaria

All payment services in the EU are accessible in Bulgaria thanks to the common regulatory framework and work of the Bulgarian National Bank (BNB) and banking system, said Nina Stoyanova, BNB Deputy Governor in charge of the Banking Department and Member of the Governing Council. She was speaking at the opening of the Fintech and Insurtech Summit, hosted by Capital weekly here on Tuesday.  

The central bank is working with BORICA in the payment system and services in order to finish by late 2023 the work on these projects for the development of Bulgaria's payment infrastructure. 

In 2022, there was a rise by around one-fourth of non-cash payments and by one-third of card payments, Stoyanova also said.