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Causes Delays in the Development of Card Business 2012 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/2/3324 http://ttem.ba/volume-7-number-4 С. Обрадовић Ž. Spalević М. Кнежевић Д. Тешић В. Марковић А. Жорић Of all electronic payment systems known in Serbia, payment cards represent the only system that is massively used. Over the past eight years almost all banks in Serbia and Western Balkans countries have started issuing cards, and they have their own systems for card acquiring. This work describes development and an overview of the current situation regarding payment card usage. Massive use of payment cards started in 2004, and it has had a very intensive development. This also refers to a rapid development and increase in the number of ATM and POS terminals. The number of ATM machines increased from the initial 837 at the end of 2005 to 2,847 on March 31, 2011. In the same period the number of POS terminals increased from 31,816 to 57,782. An analysis of data referring to the last two years since the outbreak of the global economic crisis has resulted in the conclusion that the payment card business in Serbia and Western Balkans countries is stagnating, and it probably has a decreasing trend as well. The main characteristic of the payment card business in Serbia is a lack of a clearing center for payment cards issued in Serbia (except for Dina Card. This then results in unnecessary expenses having negative influence on payment card business. It has also been proposed to establish a national switching center that would make transaction procession cheaper and have only one point for connection with VISA or MASTERCARD centers. Intensive development of card business in Serbia started in 2004. The paper has considered the characteristics of business credit cards in the last 6 years. Analysis of available data can lead to the conclusion that the card business in and Western Balkans countries in stagnation. The global economic crisis, high commissions and the absence of a single center will result in the card business in recent years has the opposite trend than expected. article 7 4 1796 1808 1840-1503 TTEM - Technics Technologies Education Management