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More Than Half Of Online Card Payments In 1H Made In Bucharest
Technology &Telecoms

More Than Half Of Online Card Payments In 1H Made In Bucharest

More than half of online card transactions processed in the first half of 2015 were in Bucharest and 62% of online payments were made by men, according to mobile payment services provider NE...

Oana Gavrila · 18.08.2015 · 14:24 · 1 min
MasterCard: Nine In Ten Adults In Urban Areas Hold Cards And Make An Average 2 Payments/Week
Banks-Insurance

MasterCard: Nine In Ten Adults In Urban Areas Hold Cards And Make An Average 2 Payments/Week

Nine in ten adults living in urban areas in Romania hold bank cards and make an average two card payments per week, according to a MasterCard study regarding the characteristics of Romanians...

Ecaterina Craciun · 24.07.2015 · 13:22 · 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
Banks Steer Customers Towards Contactless Cards
Banks-Insurance

Banks Steer Customers Towards Contactless Cards

The seven local banks that issue contactless cards (which enable card holders to make small payments without having to pass the card through a POS or input the PIN) have reached more than 1....

Loredana Frățilă-Cristescu · 24.02.2015 · 01:26 · 1 min
Card Payments For Local Taxes Rose 31% In 2014, To RON175M
Banks-Insurance

Card Payments For Local Taxes Rose 31% In 2014, To RON175M

Payments of local taxes by card rose 31% in 2014 in Romania, to around RON175 million, as online payments more than doubled, Visa Europe announced Thursday.

Oana Gavrila · 22.01.2015 · 12:59 · 1 min
Romanians' Card Spending Abroad Reaches Monthly All-Time High
Banks-Insurance

Romanians' Card Spending Abroad Reaches Monthly All-Time High

Holders of cards issued by local banks made 5 billion lei (EUR1.1 billion) payments to retailers abroad in the first nine months, an increase of 21% on the year-earlier period, according to...

Loredana Frățilă-Cristescu · 26.11.2014 · 00:00 · 2 min
Parcel Delivery Drives POS Market Up
Technology &Telecoms

Parcel Delivery Drives POS Market Up

The market of card acceptance terminals (POS) has been constant in terms of number of devices installed over the past year and is now finding new sources of growth from previously untapped s...

Loredana Frățilă-Cristescu · 04.11.2014 · 11:18 · 5 min
Visa Europe: Four In Five Online Card Payments Are Made To Retailers Abroad
Retail&Consumer

Visa Europe: Four In Five Online Card Payments Are Made To Retailers Abroad

Four in five online card payments are made to retailers abroad, Catalin Cretu, VISA Europe sub-regional manager for Romania, Croatia and Slovenia, said Tuesday at the ZF Digital ’14 conferen...

Oana Gavrila · 28.10.2014 · 14:27 · 1 min
Romanians Paid EUR134M In Taxes, Via Some 374,000 Transactions, In January-August
Banks-Insurance

Romanians Paid EUR134M In Taxes, Via Some 374,000 Transactions, In January-August

Romanians paid EUR134 million in local taxes online by card, between January and August, in nearly 374,000 transactions, 22% more from the same period in 2013.

Ecaterina Craciun · 02.10.2014 · 13:27 · 1 min