The Commercial Uses of Credit Cards in Romania: Opportunities and Obstacles in The Way of Electronic Trade Development in Romania,”

Magdalena Radulescu and Luminita Serbanescu

Abstract:

This paper presents the development of e-commerce in Romania regarding cards issuing banks,
ATM, POS number, valid cards, accepting merchants, the main risks of paying by cards and the
implementation of 3D Secure System in Romania. The analysis is supported by statistical data and the paper concludes with some barriers in the way of e-commerce future development in Romania.