VISA
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Elena Ungureanu, VISA: The 18% Hike Of Currency In Circulation Is Alarming
The number of contactless payments rose fourfold and the value of transactions rose fivefold in 2016, but the 18% increase of currency in circulation is alarming, Elena Ungureanu, deputy cou...
Visa: Card Payments For Local Taxes Rose 50% To RON360M In 2016
The value of local taxes paid by card rose by nearly 50% last year, to over RON360 million, due to the doubling of online transactions and the expansion of the payment networks, according to...
Visa: Romanians To Spend Over EUR1.5M/Hour By Card Before Christmas
Romanians spend over EUR1.5 million per hour during the period before Christmas, using their cards mainly in clothes stores, gas stations and supermarkets.
Visa: 8 In 10 Romanians Use Mobile Devices For Payments Or Money Management
Eight in ten Romanians (79%) manage their money or make payments using a mobile device, according to a Visa survey.
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.
Government Must Help Companies Import Workforce
Recruitment drives in prisons and churches are no longer enough to cover the staffing needs of companies.
Visa Card Operations In Romania Up 13% To EUR24B In 2015
Card operations using bank cards issued by Visa increased by 13% in the fiscal year ended September 2015, to EUR24 billion, while card payments to merchants rose 20% given a 22% increase in...
Visa: Countries With Highly-Developed Electronic Payments Have Underground Economy Of 8-10% Vs 28% In Romania
Mature markets, with highly-developed electronic payment means, have an underground economy of 8%-10% of the GDP, versus 28% in Romania (nearly EUR30 billion), said Catalin Cretu, regional m...
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...