Chamber of Commerce: PayPal job allowed in Kosovo

Kosovo's Chamber of Commerce and Industry through a letter requested by Kosovo Central Bank Governor (BQK), Fehmi Mehmeti, to be worked and accepted for Kosovo to be part of some electronic payment systems so that the same are valid in Kosovo, as is the case for Paypal, which is evidently [...]
The Chamber of Commerce is now asking for the CEC and institutions to enable the realisation of international payments through the PayPal system, which would have a positive impact on the latter, a media communiqué said.
The Chamber of Commerce has accepted concerns from businesses that export abroad, and do electronic trade through ecommerce, which require payment to be realised through Paypal. The inability to realise the latter is causing businesses to lose potential customers, this issue also raised at meetings with Prime Minister and Minister Murati”, it says.
According to the Chamber of Commerce, priority treatment of the latter would have a positive impact on economic operators and would facilitate the implementation of international payments.
Some of the demands the Chamber of Commerce has addressed over the years to BQC is like the following:
Remove the interest from commercial banks for the return of the money;
To reduce the fee from 1 ʹ3 % to 0.025 % of the sum paid by citizens in businesses by means of fees;
The challenges facing businesses with international payments, the licensing of electronic payment systems, such as paypal, cyber software, and so forth, respectively.
Offering credits to businesses, with the grapepecker up to two years and with payment terms of up to 10 years, with state guarantees. Credits will be of no interest to 30% grant to micro and small enterprises through the Fund for Cre-day Guarantee.











