During her over 15 years of activity at the National Bank of Romania, Raluca Micu played a key role in transposing and implementing European directives on payments into national legislation, in developing risk management strategies for secure and effective payments, and in developing and coordinating the Fintech Innovation Hub.

“In the era of instant payments, real-time visibility into cash flows no longer is an optional benefit but an essential necessity for merchants’ success. We also see our platform as a catalyst for financial inclusion, providing small- and medium-sized enterprises (SMEs) with access to essential payment infrastructure and contributing to economic development,” stated Raluca Micu, Deputy General Manager, TOKEN Financial Technologies Romania.   TOKEN Payment Services is part of Koç Group, the largest private holding in Türkiye, which has been present in Romania since 2003 through the brands Arctic, Beko, Grundig, Ford, and Otokar.  In 2024, TOKEN was authorized by Romania’s central bank to accept online payment operations and transactions at physical POS (point of sale) terminals, in accordance with PSD2 regulation. Furthermore, the country’s central bank authorized TOKEN to conduct money remittance operations, facilitating the activities of online marketplace stores, company officials announced on Oct 14. This authorization marks a crucial step in TOKEN’s expansion on the Romanian market and underscores the company’s commitment to providing innovative, safe, and efficient payment solutions.   TOKEN entered the Romanian market at the beginning of 2023 through the Odero brand, bringing the concept of a one-stop-shop integrated, secure, fast, and easy-to-use digital payment solutions for any merchant.
Subiecte #deputy general manager#Raluca Micu#TOKEN Payment Services