TRENDS IN REDUCING CASH PAYMENTS/COLLECTIONS IN THE REPUBLIC OF MOLDOVA
TRENDS IN REDUCING CASH PAYMENTS/COLLECTIONS IN THE REPUBLIC OF MOLDOVA

Summary/Abstract: The efforts of central banks in almost all countries aim at increasing the share of non-cash settlements using various payment instruments. The efficiency of all these actions is due to the existence of advanced technologies that ensure optimal and fast solutions for making cashless payments as well as the multiple benefits of reducing cash in the economy and boosting payments by bank transfer (increasing transparency of collections/payments, increasing productivity by making several payments in a short period of time; providing the convenience and security of payments; making remote payments, etc.).

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