08.18.2015

More than half of online card transactions processed in the first half of 2015 were in Bucharest and 62% of online payments were made by men, according to mobile payment services provider NETOPIA more

07.24.2015

Nine in ten adults living in urban areas in Romania hold bank cards and make an average two card payments per week, according to a MasterCard study regarding the characteristics of Romanians’ more

06.25.2015

Romanians traveling to Austria save 32% of costs if they make payments using debit cards than they would by converting currency at currency exchange houses at destination airports, according to a more

05.19.2015

billion) from cash dispensers in January-March, while payments at merchants made with the 11 million active cards amounted to RON7.8 billion, an 18% increase on the year-ago period. more

05.05.2015

Netopia Mobilpay, one of the largest online card payments processors in Romania, processed nearly 850,000 online card payments in the first three months, 20% higher compared with January-March 2013. more

02.24.2015

The seven local banks that issue contactless cards (which enable card holders to make small payments without having to pass the card through a POS or input the PIN) have reached more than 1.3 million more

02.20.2015

Owners of cards issued by local banks in 2014 operated payments at retailers abroad worth 6.7 billion lei (EUR1.5 billion), up one fifth against 2013, according with BNR data. more

02.03.2015

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, given a 12.4% more

01.22.2015

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. more

11.26.2014

Holders of cards issued by local banks made 5 billion lei (EUR1.1 billion) payments to retailers abroad in the first nine months, an increase of 21% on the year-earlier period, according to central more

11.04.2014

The market of card acceptance terminals (POS) has been constant in terms of number of devices installed over the past year and is now finding new sources of growth from previously untapped sectors, more

10.28.2014

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 conference. more

10.17.2014

Banks have 530 million lei (EUR120 million) worth of non-performing credit card loans in their portfolios, many of which sold as an option to consumer loans, reveals the annual financial stability more

10.02.2014

Romanians paid EUR134 million in local taxes online by card, between January and August, in nearly 374,000 transactions, 22% more from the same period in 2013. more

09.05.2014

Romanian state-owned postal operator Posta Romana and the country's health insurance house CNAS signed an agreement at the government headquarters Friday whereby Posta Romana will distribute health more

07.29.2014

Netopia Mobilpay processed online card transactions worth over EUR37 million in the first half of 2014, up 35% on the year, due to a growing number of Romanians choosing online payments and an more

06.06.2014

A 30% card payment rate for taxes could lift state tax collection revenue by 28% and lower tax collection costs by 12%, said Friday Catalin Cretu, VISA manager for Romania and Croatia. more

04.09.2014

The Romanian government has left the Parliament to discuss the details of the project aimed at capping cash payments, which is likely to give a strong boost to the card market. However, restrictions more

03.25.2014

The Romanian antitrust chief says interbank fees are too high and the authorities are likely to cap these payments before the adoption of an EU-wide regulation at the end of 2014. more

03.19.2014

The Romanian Finance Ministry keeps the stipulation on capping the interbank fees charged on debit and credit card transactions to 0.2% and 0.3% on each transaction, respectively, according to a draft more

02.03.2014

Banks will stand to gain an additional EUR80 million to EUR100 million in fees from people buying homes or from retailers of furniture, cars and other items that cost more than 10,000 lei (about more

01.28.2014

Romanian government will restrict inter-bank fees that the card issuer charges from the bank whose terminals are used for payments to retailers, to 0.2% for debit cards and 0.3% for credit cards. more

09.19.2013

Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards. more

07.22.2013

Online card payment processor Netopia mobilPay, also the largest player on the Romanian mobile phone micropayment market, processed over 1 million online transactions through the mobilPay platform in more

07.14.2013

Romania’s Government will notify anticorruption prosecutors of irregularities in awarding the contract for national healthcare cards by former National Health Insurance House (CNAS) president Lucian more