payments

Revolut Tops 1 Million Users in Romania

16:34, 05 Feb. 2020
British fintech Revolut has more than one million users in Romania after 400% growth in the second half of 2019, making Romania its biggest market after UK, it said in a statement Wednesday.

Romanian Guarantee Fund ’10 Payments To Banks Rise To RON95M

13:12, 15 Feb. 2011
Romanian SME loan guarantee fund FNGCIMM paid some 95 million lei (EUR1=RON4.2496) to banks last year, up 35% from RON70 million in 2009, mostly for working capital loans.

About 85% Of Romanians In Urban Areas Have Bank Cards, 32% Make Card Payments Weekly – Poll

16:12, 19 Mai 2010
About 85% of Romanians living in urban areas have a bank card, but only 32% of them use it for payments at least once a week, while 16% of them make bank card payments at intervals bigger than three months, according to a poll conducted by the Romanian Association of Electronic Payments (APERO).

Romania Farming Agency Paid RON642M To Farmers

15:06, 24 Nov. 2009
Romania's Farming Agency for Payments and Intervention in Agriculture (APIA) paid 642.3 million lei (EUR1=RON4.2648) to beneficiaries of the Single Area Payment Scheme (SAPS), the 70% downpayment of the approved amount, the institution announced Tuesday.

European Commission To Fine Romania For Overdue Agriculture Payments

12:54, 03 Mart. 2009
The European Commission will penalize Romania for delayed payments per hectare, possibly with EUR40-60 million, and the employees of the Agency for Payments and Intervention in Agriculture (APIA) will have to pay back part of tehir salaries, agriculture minister Ilie Sarbu said Tuesday.

EC May Resume Romania’s SAPARD Payments End-April

12:11, 03 Mart. 2009
The European Commission may resume end-April the payments made through the SAPARD program, minister of Agriculture Ilie Sarbu said Tuesday.

Romanian Agric Min Finds Flaws In Agric Payment Agency Procedures

15:43, 05 Feb. 2009
The computer system of the Romanian Agency for Payments in Agriculture, used for the processing of payment requests, is flawed, file completion deadlines are pushed back and employee attributions overlap, according to an analysis of the Ministry of Agriculture.

EC Won’t Reimburse SAPARD Payments Earlier Than 3-4 Months – Minister

13:01, 22 Ian. 2009
The European Commission won’t reimburse payments to Romania within the SAPARD program sooner than in three or four months, Romanian agriculture minister Ilie Sarbu said in a press conference Thursday.

Romania ’08 Online Credit Card Purchases Reach EUR53.1M, Up Over 50% On Yr

15:23, 06 Ian. 2009
Romanians spent EUR53.1 million in online credit card purchases in 2008, up 53% from 2007, while the local e-commerce market reached 652,000 transactions in 2008, according to Romanian card payment systems provider RomCard.

Romania Halts SAPARD Payments To Fix Deficiencies Notified By EC

15:22, 20 Aug. 2008
Romanian authorities temporarily suspended payments to beneficiaries of the SAPARD program until the resolution of payment authorization technical deficiencies signaled in the European Commission’s audit report, Finance Ministry state secretary Alice Bitu said Wednesday.