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Visa Card Operations In Romania Up 9% To EUR21B In 2014
Card operations using bank cards issued by Visa increased by 9% in the fiscal year ended September 2014, to EUR21 billion, while card payments to merchants exceeded EUR10 million daily, give...
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.
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...
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...
Visa: SMEs In Romania Use Cash For Nearly 80% Of Business Payments
Small and medium-sized enterprises (SMEs) in Romania use cash for nearly 80% of their business payments and only 8% use cards, according to a survey conducted by Visa Romania, which also sho...
Online Payment Of Local Taxes Tripled In January-February
The value of local taxes Romanians paid online by card tripled in January and February this year compared to the same period of 2013, reaching RON6.6 million, according to data reported by b...
Visa: Romanians Paid RON133M In Taxes Using Bank Cards In 2013
Romanians paid 133 million lei (EUR29.7 million) in taxes online and using bank cards in 2013, up 36% on the year, due to a 38% increase in the number of transactions via POS (point of sale)...
Romanian Authorities Should Consider Interchange Fee Cut Outcome – Visa
Romanian authorities should consider all consequences of a “drastic and sudden” cut in the interchange fees for card payments, to avoid the negative impact on the investments in payment tech...
Visa Card Operations In Romania Up 10.7% In 2013, To EUR19.3B
Transactions and cash withdrawals using bank cards issued by Visa increased by 10.7% in the fiscal year ended September 2013, to EUR19.3 billion, the company said Monday.