Client Alert
The clearing and settlement of card-based payments that are linked to Bulgaria
Bulgaria has amended its rules related to the clearing and settlement of card-based payments that are linked to the country.
As of 15 August 2020, card-based payments that match certain criteria must be cleared and settled through an approved operator. Our lawyers examine the implications as well as how this development intersects with the European Commission’s decisions on related matters.
To learn more, please open the attached file.
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