Moreover, payments by card saw significant increase in the fourth quarter of 2017, amounting to RON18.4 billion compared with RON16.4 million in the third quarter.
While payments by card went up by 30%, ATM withdrawals increased by 14% to RON173 billion last year. Although payments by card are faster to increase than cash dispenser withdrawals, the latter remain nearly three times higher.
Card transactions, however, beat ATM withdrawals by number, but remained lower on average by value, RON120 compared with RON670. (EUR1=RON4.6623)
(English version by Loredana Fratila-Cristescu)