10.16.2024

Visa and Raiffeisen Bank have launched for the first time in Central and Eastern Europe the Visa Signature card (debit and credit), expanding exclusive benefits for super-premium cardholders in the more

06.18.2024

This year, 37% of Romanians intend to go on holiday abroad and the most popular direction proved to be Greece; on the longest of foreign journeys, 1/3 plan to spend between EUR 201 – 600 per person, more

05.15.2024

Raiffeisen Bank has decided to go with Visa at its only card partner, which means the bank will be issuing new cards for those who already have Mastercard Raiffeisen Bank cards, its officials more

01.23.2024

Investment fund Early Game Ventures (EGV) has co-opted Florin Vişa as a partner, an expert with 24 years of experience in private equity, venture capital, M&A, and corporate finance in Central and more

06.19.2023

Four out of five Romanians who will go on holiday abroad in 2023 plan to pay there by card, smartphone, or smartwatch, as per the latest Visa CEE Travel and Payment Intentions Study 2023 covering more

05.24.2022

Visa and Western Union have concluded a partnership in Germany and Romania, with the launch of WU+, the new integrated digital banking and international money transfer app. more

06.29.2020

Online payments using bank cards issued by Visa in Romania grew over 50% in April 2020 compared with the same period in 2019, as the novel coronavirus (Covid-19) pandemic gave a strong boost to the more

08.21.2019

Visa card holders in Romania will be the first in Europe to be able to pay for their purchases in installments at participating stores and online using their cards, within a pilot program. more

04.06.2017

The number of contactless payments rose fourfold and the value of transactions rose fivefold in 2016, but the 18% increase of currency in circulation is alarming, Elena Ungureanu, deputy country more

03.13.2017

The value of local taxes paid by card rose by nearly 50% last year, to over RON360 million, due to the doubling of online transactions and the expansion of the payment networks, according to the data more

12.09.2016

Romanians spend over EUR1.5 million per hour during the period before Christmas, using their cards mainly in clothes stores, gas stations and supermarkets. more

10.17.2016

Eight in ten Romanians (79%) manage their money or make payments using a mobile device, according to a Visa survey. more

08.30.2016

Deloitte Romania is strengthening its financial consulting division by joining its mergers and acquisitions (M&A) consulting team with consulting firm Filipescu Visa. more

07.18.2016

Romanians travelling abroad made card payments worth RON5.3 billion (EUR1.2 billion), while ATM cash withdrawals totaled RON3 billion (EUR674 million) in 2015, according to a Visa study. more

06.21.2016

Recruitment drives in prisons and churches are no longer enough to cover the staffing needs of companies. more

06.20.2016

Holders of cards issued by banks in Romania made card payments to merchants abroad in the amount of RON1.4 billion (EUR317 million) in January-March 2016, up 22% against the same period in 2015. 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

01.28.2016

Card operations using bank cards issued by Visa increased by 13% in the fiscal year ended September 2015, to EUR24 billion, while card payments to merchants rose 20% given a 22% increase in POS more

11.26.2015

Mature markets, with highly-developed electronic payment means, have an underground economy of 8%-10% of the GDP, versus 28% in Romania (nearly EUR30 billion), said Catalin Cretu, regional manager 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

05.14.2015

Visa Europe on Thursday said its Executive Board elected a new member, Bartosz Drabikowski, who will coordinate nine countries, among which Romania. 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

12.15.2014

Card money accounts for just one third of Romanians’ overall consumption, while cash represents the rest of two thirds, a situation that is fuelling the underground economy, believes Catalin Cretu, 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