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

11.18.2014

Owners of cards issued by local banks operated payments at local and foreign retailers worth 22 billion lei (EUR5 billion) in the first nine months of this year, 16% above the level of the 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

04.02.2014

Romanian government approved the draft law on capping cash payments and reducing interbank fees for debit and credit cards transactions, according to official sources. more

02.27.2014

The Romanian Finance Ministry considers limiting cash payments for houses or cars transactions to RON10,000, like in the case of cash payments between individuals, or even to RON50,000 for real estate more

02.04.2014

Cash payments will be capped jointly with bank fees, probably by law, not by ordinance, and the banks should agree with the decision, especially that they will benefit from a higher number of more

01.24.2014

Cash payments between firms and toward private individuals will be capped to 2,000 lei (EUR441) per day, from RON10,000/day currently, according to a draft ordinance obtained by Mediafax. more

09.25.2012

Romania’s Finance Ministry is considering capping daily cash payments between two or more individuals in a move to reduce tax evasion, people familiar with the matter said Tuesday. more