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CARDS

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Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes
Retail&Consumer

Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes

Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards.

Oana Gavrila · 19.09.2013 · 00:00 · 2 min
PwC: Romanians Make Six Card Payments On Average Annually
Banks-Insurance

PwC: Romanians Make Six Card Payments On Average Annually

Romanians make six card payments on average, annually, which is very low compared to other European countries, on the backdrop of a poor penetration rate of cards and payment terminals at me...

Ecaterina Craciun · 10.10.2012 · 14:33 · 1 min
Romanians Paid EUR2.4B By Card For Shopping In H1
Banks-Insurance

Romanians Paid EUR2.4B By Card For Shopping In H1

Romanians paid 10.4 billion lei (almost EUR2.4 billion) worth of shopping by card in the first half, up 22% year-on-year. One fifth of this amount was spent in shops abroad, according to Rom...

Radu Bostan · 21.08.2012 · 00:00 · 1 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
Technology &Telecoms

HP Romania, Novensys Awarded EUR25M Contract For Health Card System

HP Romania and Novensys Corporation will provide Romania's National Health Insurance House (CNAS) with the IT solution used to introduce the electronic health insurance card, through a contr...

Radu Bostan · 26.02.2012 · 13:28 · 1 min
Herghelegiu, PayU: Online Card Payments To Increase Over 25% This Year
Technology &Telecoms

Herghelegiu, PayU: Online Card Payments To Increase Over 25% This Year

The overall volume of online payments in Romania, from card payments on the internet, to orders made online and paid cash on delivery, is worth over EUR1 billion per year, Cristian Hergheleg...

Radu Bostan · 27.01.2012 · 00:00 · 1 min
Bankers Install More And More POS Terminals To Grab A Slice Of EUR40M Market
Banks-Insurance

Bankers Install More And More POS Terminals To Grab A Slice Of EUR40M Market

Banks expanded their payment terminal (POS) networks deployed in stores last year, a market segment dominated by a small number of players, which generates EUR40 million a year in fee revenu...

Loredana Frățilă-Cristescu · 17.01.2012 · 00:00 · 1 min
Automotive

Pensioners, War Veterans Have Until End-2012 To Get Travel Smart Cards

The Romanian Government on Thursday decided to extend by one year, until end-2012, the deadline by which pensioners and war veterans will have to obtain travel smart cards, for use in county...

Ioana Tudor · 22.12.2011 · 19:27 · 1 min
Cards Used In Only 5% Of Purchases On Online Store eMAG
Technology &Telecoms

Cards Used In Only 5% Of Purchases On Online Store eMAG

Only 5% of the purchases made on eMAG.ro are paid by card and this figure will not change significantly in the future, because the banks discourage the use of this payment instrument, said R...

Radu Bostan · 19.10.2011 · 17:01 · 1 min