“The Finance Ministry has signed an agreement licensing the State Treasury an acceptor of electronic payments with MasterCard and Maestro cards under the terms established in Government Emergency Ordinance no. 146/2002,” the ministry said in a statement.

The implementation of the online payment system, including the expansion of State Treasury’s internet banking services, will be covered from European funds through the project “Enhancing the capacity of the decision-making process in Romania’s financial sector – TREZOR”.

The project will develop a component targeting card payments, which will enable taxpayers to pay online all types of taxes to the state budget, local budgets, the social security budget, as well as to the budgets of other public institutions, fee-free.

MasterCard will carry out the technical implementation, which will take three months at most.

“Licensing the State Treasury as acceptor of payments with MasterCard or Maestro cards is a world premiere and we are proud to work closely with authorities with a view to enhancing the level of fiscalization of the economy, through electronic means of payment,” said Cosmin Vladimirescu, MasterCard country manager for Romania.