payments

The e-commerce market is currently growing rapidly, not only in Romania, but worldwide. According to Statista, the German market data statistics portal, it is estimated that the global  e-commerce market will reach USD 4.2 trillion by 2025.…

Newly launched in Romania, iBan First, a fast growing B2B fintech, has appointed Johan Gabriels as regional manager for South - Eastern Europe, capacity in which he will also oversee the Romanian office. Johan will coordinate iBanFirst's…

The Council of Europe's Committee of Ministers has adopted an Interim Resolution strongly exhorting Romanian authorities to secure redress to the applicants for the violations found by the European Court of Human Rights in the case S.C.…

In January - June 2021, the balance-of-payments current account posted a deficit of EUR 7,040 million, compared with EUR 4,059 million in the same year-ago period, the National Bank of Romania announced today in the "Balance of payments and…

In those 14 years since PayPoint entered the Romanian market, Romanians have made over 820 million payments worth 69 billion lei, through the company's national network. Of these, approximately 123 million payments were made in the last…

In the past year, the need for connection and information has increased, according to the New Media Adoption study, carried out by Spark Foundry media agency, member of Publicis Groupe Romania. Romanians have used the online environment to…

The National Bank of Romania (BNR) has announced on Wednesday that Romania’s foreign exchange reserves stood at EUR 34,123 million, compared to EUR 35,830 million on 29 February 2020. During March the following flows were recorded:…

President Klaus Iohannis, who attended the Wednesday sitting of the Inter-instititutional Working Group to assess the economic, financial and budgetary impact of the Coronavirus effects over Romania, has stated that the Government is to…

The Representation of the European Commission to Romania has reminded Romanians who have a bank account which are the benefits they are entitled to when making payments in the EU or when they get cash out of an ATM while in a member state.…

The Judicial Inspection is conducting a new thematic control at the National Anticorruption Directorate (DNA) on Monday, the institution’s spokesman Alin Alexandru has announced. According to Alexandru, the control is aimed at the…