Bank card

Bulgaria Transitions from Paper to Plastic Food Vouchers

Bulgaria has embarked on a digitization journey by replacing traditional paper food vouchers with a plastic card, akin to a bank card, initiating this transformative move at the start of the year. This transition will involve a grace period until July, allowing issuance of both paper and electronic vouchers.

Charges for transactions from one bank to another set to drop

The long-awaited decision of the Competition Commission for banks is expected to bring a reduction in the charges that are incurred when withdrawing cash from an ATM of a different bank to the client's.

Although the reductions will not be horizontal, it is estimated that they will bring about some relief in said charges, in the order of 25-30%.