Brief overview of payment systems operating on the territory of Romania

  • Radoslav Nikolov VUZF University
Keywords: payment systems, payment services, settlement, payments, transactions, bank transfers, banking


The article analyses the payment systems in Romania, the purpose of which is to examine the features and the actual application of payment services in this country. The analyse covers: Introduction, Brief Overview of Payment Systems, Legal Framework. Attention is drawn at the payment resources only within the country. The focus and analytic part of the article falls mainly on to payment systems in Romania, for this purpose, graphs of individual systems are presented and subsystems to illustrate the study.

Author Biography

Radoslav Nikolov, VUZF University

PhD Student


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How to Cite
Nikolov, R. (2019). Brief overview of payment systems operating on the territory of Romania. VUZF Review, (3), 97-110. Retrieved from