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ANCOM: Number Of Subscriptions To Mobile Telephony Services Kept Upward Trend In 1H/2017
Technology &Telecoms

ANCOM: Number Of Subscriptions To Mobile Telephony Services Kept Upward Trend In 1H/2017

The number of subscriptions to mobile telephony services in Romania kept an upward trend in the first half of 2017, to the detriment of active prepaid cards, Romania’s telecom regulator ANCOM said in a statement on Tuesday.

Ecaterina Craciun · 28.11.2017 · 13:55 · 1 min
Mastercard: Number Of Mastercard And Maestro Cards In Romania Rose Over 30% In Last 5 Years
Banks-Insurance

Mastercard: Number Of Mastercard And Maestro Cards In Romania Rose Over 30% In Last 5 Years

The number of Mastercard and Maestro cards in Romania rose over 30% over the last five years, according to the latest Mastercard data.

Ecaterina Craciun · 30.08.2016 · 13:42 · 1 min
BNR: Card Payments Stay Below Cash Withdrawals At ATMs
Banks-Insurance

BNR: Card Payments Stay Below Cash Withdrawals At ATMs

Holders of cards issued by banks in Romania made payments to merchants worth RON7.6 billion lei (EUR1.7 billion) in the first half of 2016, up 22% against the same period a year ago, Romania...

Ecaterina Craciun · 22.08.2016 · 10:31 · 1 min
Visa Europe: Romanians’ Card Usage Behavior Changes Completely Abroad
Banks-Insurance

Visa Europe: Romanians’ Card Usage Behavior Changes Completely Abroad

Holders of cards issued by banks in Romania made card payments to merchants abroad in the amount of RON1.4 billion (EUR317 million) in January-March 2016, up 22% against the same period in 2...

Ecaterina Craciun · 20.06.2016 · 12:56 · 1 min
Netopia MobilPay Processed 1.2 Mln Payments In 1H/2015
Banks-Insurance

Netopia MobilPay Processed 1.2 Mln Payments In 1H/2015

Netopia Mobilpay on Thursday said it processed 1.2 million online card transactions in the first half of 2015, up over 30% against the same period a year ago, and a quarter of transactions w...

Ecaterina Craciun · 30.07.2015 · 12:32 · 1 min
Payments By Card Top RON30B In 2014
Banks-Insurance

Payments By Card Top RON30B In 2014

Owners of cards issued by local banks in 2014 operated payments at retailers worth 30 billion lei (EUR6.7 billion), up 16% from 2013, according with BNR. However, cash withdrawals from ATMs...

Catalina Apostoiu · 18.02.2015 · 00:00 · 1 min
Visa Romania: Two Thirds Of Romanians’ Consumption Based On Cash
Technology &Telecoms

Visa Romania: Two Thirds Of Romanians’ Consumption Based On Cash

Card money accounts for just one third of Romanians’ overall consumption, while cash represents the rest of two thirds, a situation that is fuelling the underground economy, believes Catalin...

Catalina Apostoiu · 15.12.2014 · 00:00 · 2 min
Card Payments Climb To EUR5B In Romania In January-September
Banks-Insurance

Card Payments Climb To EUR5B In Romania In January-September

Owners of cards issued by local banks operated payments at local and foreign retailers worth 22 billion lei (EUR5 billion) in the first nine months of this year, 16% above the level of the y...

Catalina Apostoiu · 18.11.2014 · 00:00 · 2 min
Visa: Romanians Made EUR1B Online Payments In 2013, Two Thirds Of Purchases Abroad
Banks-Insurance

Visa: Romanians Made EUR1B Online Payments In 2013, Two Thirds Of Purchases Abroad

Romanian card owners made online payments of around EUR1 billion last year, of which two thirds were purchases form outside Romania, Catalin Cretu, Visa Europe regional manager for Romania a...

Oana Gavrila · 25.03.2014 · 14:26 · 1 min