05.19.2016

Omniasig Vienna Insurance Group paid total damage claims of RON539.11 million in 2015, with the biggest payment reaching RON2.6 million, and fires and natural calamities were the most common causes. more

05.11.2016

Central and Eastern Europe (CEE) has seen significant growth of contactless payments over the last two years and currently, in Romania, one in ten card payments processed by Visa is contactless, said more

04.26.2016

The value of payments via mobilPay Wallet, a digital wallet developed by Netopia mobilPay, doubled in the first quarter of 2016, and is expected to exceed EUR1 million by the end of 2016. more

04.22.2016

Romanian lenders refused to pay promissory notes, checks and notes of exchange worth 218 million lei (EUR49 million) in March 2016, which is lower by more than 30% compared with February, according to more

03.29.2016

The number of Romanians making card payments on a daily basis rose 45% between March and December 2015. One in two Romanians use the card to pay for purchases priced below RON10 and the most common more

03.02.2016

Netopia Mobilpay, one of the largest online card payments processors in Romania, processed over 2.6 million online and mobile card transactions in 2015, exceeding the value of EUR135 million. more

02.11.2016

Romania’s Finance Ministry has signed an agreement licensing the State Treasury as acceptor of electronic payments with MasterCard and Maestro cards, which will enable taxpayers to pay taxes online more

01.28.2016

Companies operating in the IT&C sector and the pharmaceuticals industry granted the highest extra payments in addition to wages in 2015, which translates into a 19% increase against 2014, according to more

01.27.2016

The value of local taxes paid by card rose 42% last year, to approximately RON250 million, due to the increase of online transactions by 74% and the expansion of the payment networks, according to the more

09.23.2015

Nearly 30% of online card payments in Romania are made by smartphone and tablets, compared with 20% in September 2014, according to mobile payment services provider NETOPIA mobilPay. more

09.16.2015

Romanians have increased the frequency of card payments when travelling abroad in the summer, especially for low-value shopping, while they spend more on accommodation and transport, according to Visa more

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

07.27.2015

Erste Group Bank, owner of lender BCR, entered into an agreement with Global Payments, provider of payment technology solutions, to establish a joint venture providing merchant acquiring and payment 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

07.01.2015

Romania’s agriculture support agency APIA paid a total RON181.2 million to dairy farmers and to beef and goat producers in disadvantaged areas, from the European Agricultural Guarantee Fund (EAGF). 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

05.05.2015

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

04.22.2015

Checks and promissory notes worth 2.3 billion lei (EUR520 million) bounced in the first three months of this year, 44% above the level of 1Q, 2014, as banks could not find enough cash in the accounts 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

01.22.2015

Checks and promissory notes worth almost 8 billion lei (EUR1.8 billion) bounced in 2014, down 20% from 2013, according with BNR data. more

12.23.2014

Checks and promissory notes worth 807 million lei (EUR180 million) bounced last month, 55% above the level of the same period of last year, according to central bank data. The payments bounced as 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

10.15.2014

People living in capital city Bucharest made nearly 50% of total online payments by card in 2014 for products and services sold by online stores in Romania, according to Netopia Mobilpay, one of the 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

09.04.2014

The Romanian Government on Thursday approved a decision raising the maximum ceiling allocated for additional payments for ecological farming in 2014 to EUR7 million from the current EUR3 million. more