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ATM

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CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades
Banks-Insurance

CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades

Romanian state-owned lender CEC Bank, which has the most extended network in Romania, has announced the start of a multiannual program aimed at upgrading its automated teller machine (ATM) and multi-functional machine (MFM) infrastructure to allow the implemen...

Ecaterina Craciun · 21.07.2020 · 12:58 · 1 min
Romania Has Lowest Banking Penetration Rate in EU: Just One in Four Communes Has an ATM
Banks-Insurance

Romania Has Lowest Banking Penetration Rate in EU: Just One in Four Communes Has an ATM

Three quarters of the people who live in rural areas, where actually half of Romania’s population lives, do not have access to a basic banking service: an ATM.

Loredana Frățilă-Cristescu · 23.08.2019 · 09:32 · 2 min
Diebold Nixdorf: We Sold More Than 2,000 ATMs In Romania In The Past Two Years
Technology &Telecoms

Diebold Nixdorf: We Sold More Than 2,000 ATMs In Romania In The Past Two Years

Diebold Nixdorf, a company created a year ago following the merger of the main providers of IT solutions for banks and retailers (ATMs, POS-es and check-out and scanning systems for various...

Loredana Frățilă-Cristescu · 04.10.2017 · 00:00 · 1 min
Ten Largest Lenders In Romania Own Three Quarters Of ATMs In The Country
Banks-Insurance

Ten Largest Lenders In Romania Own Three Quarters Of ATMs In The Country

BCR, BRD and CEC Bank are the top three banks in Romania by size of ATM networks, accounting for 40% of the total number of such machines in the country.

Loredana Frățilă-Cristescu · 04.11.2015 · 00:00 · 1 min
Card Payments At Merchants Reach RON8B In Jan-March
Banks-Insurance

Card Payments At Merchants Reach RON8B In Jan-March

billion) from cash dispensers in January-March, while payments at merchants made with the 11 million active cards amounted to RON7.8 billion, an 18% increase on the year-ago period.

Loredana Frățilă-Cristescu · 19.05.2015 · 11:22 · 1 min
Romanians Withdrew EUR6B From Cards In 1Q
Banks-Insurance

Romanians Withdrew EUR6B From Cards In 1Q

Bank customers in Romania withdrew more than 26 billion lei (EUR6 billion) from their cards in January-March, while payments at POS-es installed at retailers amounted to RON4.3 billion, acco...

Oana Gavrila · 21.05.2013 · 08:14 · 1 min
Romanians Withdraw RON100 Billion From ATMs In One Year
Banks-Insurance

Romanians Withdraw RON100 Billion From ATMs In One Year

Withdrawals from cash points exceeded 100 billion lei (almost EUR23 billion) between April 2011 and March 2012, five times the payments by card to merchants during the same amount of time, c...

Radu Bostan · 18.05.2012 · 00:00 · 2 min
Euronet Paid $18 Million To Buy Payment Processor PayNet
Technology &Telecoms

Euronet Paid $18 Million To Buy Payment Processor PayNet

Euronet Worldwide paid $18.3 million to some Greek investors to buy card-processing provider Smart PayNetwork (PayNet) at the end of last year, the company’s annual report reads.

Radu Bostan · 10.05.2012 · 00:00 · 1 min
ATM Cash Withdrawals Were 20% Higher In The Run-Up To Christmas
Banks-Insurance

ATM Cash Withdrawals Were 20% Higher In The Run-Up To Christmas

Cash withdrawals from ATM machines ahead of the holidays indicate a rebound of consumption.

Daniela Stoican · 05.01.2012 · 00:00 · 3 min