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Analysis: Foreign Tourists Spent A Total RON168.8M In July-August In Romania
Retail&Consumer

Analysis: Foreign Tourists Spent A Total RON168.8M In July-August In Romania

Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of payment services and technology, said in an analysis regarding the amounts...

Ecaterina Craciun · 15.09.2022 · 20:06 · 3 min
Card Payments In Romania Grow 61% To 327 Million By Number And 60% By Value To RON41B In Last Two Years
Banks-Insurance

Card Payments In Romania Grow 61% To 327 Million By Number And 60% By Value To RON41B In Last Two Years

The number of card payment transactions surged 61% in June 2021 compared to June 2019, up to 327 million, from 203 million in the pre-pandemic year, while the value of transactions grew 60%...

Ecaterina Craciun · 01.11.2021 · 12:52 · 1 min
Raiffeisen Bank: Card Payments Soar 70% In March 2020; Interest In Digital Services On The Rise
Banks-Insurance

Raiffeisen Bank: Card Payments Soar 70% In March 2020; Interest In Digital Services On The Rise

The volume of online payments by card made by Raiffeisen Bank customers via debit cards soared 70% year-on-year in March 2020, while cash withdrawals at the bank’s ATMs fell 18%, according t...

Ecaterina Craciun · 22.04.2020 · 17:17 · 1 min
Romanians Made Card Payments Of Over RON44B In Jan-Sept 2017, Up 30% On Year
Banks-Insurance

Romanians Made Card Payments Of Over RON44B In Jan-Sept 2017, Up 30% On Year

Romanians made payments by card of RON44.6 billion (EUR9.8 billion) in January-September 2017, up nearly 30% from the year-earlier period, central bank data showed Thursday.

Ecaterina Craciun · 23.11.2017 · 18:33 · 1 min
Romanians’ Card Payments Abroad At RON5.3B In 2015
Banks-Insurance

Romanians’ Card Payments Abroad At RON5.3B In 2015

Romanians travelling abroad made card payments worth RON5.3 billion (EUR1.2 billion), while ATM cash withdrawals totaled RON3 billion (EUR674 million) in 2015, according to a Visa study.

Gabriela Stan · 18.07.2016 · 14:52 · 1 min
Card Payments For Local Taxes Rose Over 40% To RON250M In 2015
Banks-Insurance

Card Payments For Local Taxes Rose Over 40% To RON250M In 2015

The value of local taxes paid by card rose 42% last year, to approximately RON250 million, due to the increase of online transactions by 74% and the expansion of the payment networks, accord...

Gabriela Stan · 27.01.2016 · 14:08 · 1 min
Visa: Romanians Make More Card Payments In Trips Abroad, At Low Values
Banks-Insurance

Visa: Romanians Make More Card Payments In Trips Abroad, At Low Values

Romanians have increased the frequency of card payments when travelling abroad in the summer, especially for low-value shopping, while they spend more on accommodation and transport, accordi...

Gabriela Stan · 16.09.2015 · 14:00 · 1 min
MasterCard: Card Payments Cheaper Than Currency Conversion When Traveling Abroad
Banks-Insurance

MasterCard: Card Payments Cheaper Than Currency Conversion When Traveling Abroad

Romanians traveling to Austria save 32% of costs if they make payments using debit cards than they would by converting currency at currency exchange houses at destination airports, according...

Ecaterina Craciun · 25.06.2015 · 14:30 · 1 min
Romanians Spent RON560M Monthly Abroad By Card In 2014, An All-Time High
Banks-Insurance

Romanians Spent RON560M Monthly Abroad By Card In 2014, An All-Time High

Owners of cards issued by local banks in 2014 operated payments at retailers abroad worth 6.7 billion lei (EUR1.5 billion), up one fifth against 2013, according with BNR data.

Catalina Apostoiu · 20.02.2015 · 00:00 · 2 min