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. Last Updated: 07/27/2016

VISA for Romania

Romania will launch its first pay-by-plastic scheme this year with VISA International but credit cards will initially only be available to companies, a banking official said Monday.

"We plan to launch the first credit cards about eight months from now," said Gheorghe Bavro, official at the Banca Romana de Dezvoltare. "We think about 5,000 companies will apply."