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Posted by: Daniela Socolovschi

News / Economic

08 Jan. 2021 / 15:15

Payments by cards issued in Moldova on a rise by 40%

The number of payments made with cards issued in Moldova increased by almost 40 percent. According to the National Bank of Moldova, for the reference quarter, 88.4% of the number and 88.8% of the value of credit transfer operations were initiated in electronic format through the automated remote service system, informs Moldova 1 TV.

Direct debit remains a less used tool on the territory of the Republic of Moldova. At the end of the third quarter of this year, this instrument was used by 12.3 thousand payers. Direct debit is used only by individuals, and in most cases it is the payment for bills.

Moreover, the number of cards increased during this period by 9.4% compared to the same period of the previous year.

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