PAYMENTS
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Romania Ups Ceiling For Additional Payments For Organic Farming To EUR7M
The Romanian Government on Thursday approved a decision raising the maximum ceiling allocated for additional payments for ecological farming in 2014 to EUR7 million from the current EUR3 mil...
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...
Minister: Agriculture Support Agency Paid RON3.5B To Farmers So Far This Year
Romania’s Agriculture Minister Daniel Constantin Thursday said the country’s agriculture support agency APIA paid 3.56 billion lei (EUR0.78 billion) to farmers this year, which accounts for...
Romanians Withdrew EUR24B From ATMs Last Year, Six Times More Than They Paid By Card To Retailers
Romanians withdrew more than 106 billion lei (EUR24 billion) from cash dispensers last year, six times more than POS payments, according to data from central bank BNR. Card payments totaled...
Major Banks Preparing For Mobile Phone Payments
Several major banks are preparing to introduce “contactless” mobile phone payments to merchants in their standard offer this year after having already conducted pilot projects on using this...
Card Transactions In Romania Reach EUR22B In First 9 Months
The volume of payments in Romania by card at merchants and online exceeded 17 billion lei (around EUR4 billion) in the first nine months of 2012.
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...
EU May Resume Payments For Romania's HR Development Program In December - Official
The European Commission may resume payments to Romania for refund requests through the HR development Operations Program (POSDRU) in December, Zoltan Kazatsay, Deputy Director-General for Em...
Romania To Resume Payments For HR Development Projects From State Budget Funds
The Romanian Government will start making payments for refund requests within the Sector Operational Program for Human Resource Development (POSDRU) next week and the money will come from th...