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Romania Antitrust Body Says Visa, MasterCard Inter-bank Fees Highest In Europe
Banks-Insurance

Romania Antitrust Body Says Visa, MasterCard Inter-bank Fees Highest In Europe

The Inter-bank fees charged by Visa and Mastercard for card transactions in Romania are among the highest in Europe, an antitrust probe showed Thursday.

Florentina Dragu · 30.05.2013 · 13:22 · 1 min
Visa: Household Spending In Romania Down 1% In 4Q/2012
Banks-Insurance

Visa: Household Spending In Romania Down 1% In 4Q/2012

Household spending in Romania dropped 1% in the last quarter of 2012, compared with the similar interval of 2011, after a 1% increase in the third quarter, according to a Visa Europe survey.

Ioana Tudor · 04.03.2013 · 14:52 · 1 min
Visa: Card Transactions For Tax Payment In Romania Up 30% In 2012, To RON98M
Banks-Insurance

Visa: Card Transactions For Tax Payment In Romania Up 30% In 2012, To RON98M

Card transactions for the payment of taxes increased by around 30% in Romania in 2012, in terms of both numbers and value, reaching over 98 million lei (EUR22.3 million), according to data r...

Ecaterina Craciun · 04.02.2013 · 13:06 · 1 min
VISA Romania: Fees Charged By Local Authorities Hinder Online Tax Payments
Banks-Insurance · ZF DIGITAL '12

VISA Romania: Fees Charged By Local Authorities Hinder Online Tax Payments

VISA Romania general manager Catalin Cretu on Wednesday said the online payment of taxes is “up in the air” in Romania, because local authorities levied a fee on this type of transactions.

Ecaterina Craciun · 17.10.2012 · 13:50 · 1 min
POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011
Banks-Insurance

POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011

The number of Visa cards in circulation in Romania grew by 4.5% in the fiscal year ending in September 2011, to 6.85 million, while the value of POS transactions increased by around 30%, the...

Radu Bostan · 24.01.2012 · 14:51 · 2 min
Visa Wants To Introduce Mobile Phone Payments In Romania This Year
Banks-Insurance

Visa Wants To Introduce Mobile Phone Payments In Romania This Year

Visa will begin talks with Romanian banks to introduce smartphone payment services, possibly as early as this year, said Catalin Cretu, Visa Europe general manager for Romania.

Radu Bostan · 24.01.2012 · 13:54 · 1 min
Social/Politics

Government Works On Easing Visa Procedures For Turkish Citizens

The Romanian Government is looking into easing visa procedures for Turkish citizens, especially for businesspeople, Foreign Affairs Minister Teodor Baconschi told MEDIAFAX Friday.

Ioana Tudor · 30.12.2011 · 15:16 · 1 min
Romanian Citizens May Travel To Japan Without Visa In 2012
Social/Politics

Romanian Citizens May Travel To Japan Without Visa In 2012

The Japanese Government has decided to extend until December 31, 2012 a measure allowing Romanian citizens to travel to Japan without a visa, while the visit should not last more than 90 day...

Ioana Tudor · 28.12.2011 · 16:04 · 1 min
Social/Politics

Basescu: Romania Wants To Ease Visa Procedures For Turkish Investors

Romania is looking into easing visa procedures to grant five-year visas to Turkish businesspeople, Romanian President Traian Basescu said in an interview for Turkish daily Today's Zaman.

Ioana Tudor · 12.12.2011 · 16:55 · 1 min