In June 2019 there were 17.70 million cards issued by banks and non-banking financial institutions (other than Edenred, Sodexo and UpRomania), while in June 2020 there were over 18.4 million cards, according to the statistics of the National Bank of Romania.
„We noticed an even better evolution on Mastercard’s portfolio, which also includes the majority of meal cards, now reaching over 3.5 million,” said Cosmin Vladimirescu. country manager Romania and Croatia at Mastercard.
Moreover, the activation rate of customers who have not used a card when shopping online has also accelerated, „as the number of new users increased by a third,” according to Vladimirescu.
„Cash is no longer king in our country. People, merchants and the entire society are learning that, in a fast-paced digital world, we need payment instruments that simplify our lives, instead of limiting our potential,” concludes the Mastercard’s official.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
