Bosnia and Herzegovina’s payment landscape demonstrates a strong reliance on cash, although card usage is growing steadily, particularly in urban areas and among younger demographics. The digital payment infrastructure is still in development, facing challenges related to both technological infrastructure and consumer trust. The relatively low level of digital literacy in some regions also contributes to the continued predominance of cash. Efforts are underway to improve the overall digital payment system, but significant progress requires sustained investment and concerted public-private sector efforts.
Estimated Population
3.3 million
Currency
Convertible Mark (BAM)
All supported payment methods for Bosnia and Herzegovina:
Google Pay, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, PayPal, SEPA Direct Debit, SEPA Credit, Invoice Payment, Prepayment, MaestroPopular payment methods
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
PayPal
Wallets
PayPal is a global leader in online payments, offering businesses a secure and convenient way to accept payments from millions of customers worldwide.
SEPA Direct Debit
Direct Debit
SEPA Direct Debit is a secure and convenient payment method for businesses operating within the European Union, allowing for automated payments from customers’ bank accounts.
SEPA Credit
SEPA Credit
SEPA Credit Transfer is a secure and efficient way for businesses to make payments within the European Union, streamlining cross-border transactions and simplifying international payments.
Invoice Payment
Invoice
A document outlining the details of a purchase, including the goods or services provided, the amount due, and payment terms.
