ROMANIAN PAYMENT SYSTEM PERSPECTIVES IN THE CONTEXT OF THE INTEGRATION IN EU
ROMANIAN PAYMENT SYSTEM PERSPECTIVES IN THE CONTEXT OF THE INTEGRATION IN EU
Author(s): Vasile Dedu, Ramona BratuSubject(s): Economy
Published by: Studia Universitatis Babes-Bolyai
Keywords: Impact; payment system; payment service directive; SEPA; TARGET 2; National Payment Council; National Plan.
Summary/Abstract: At the European Union level there are three major ongoing projects in respect of the payment system: Payment Service Directive (PSD), TARGET 2 and SEPA. The three projects have important implications for the market participants, for the operators, for the National Bank of Romania involved in the payment system, and for the future architecture of the Romanian payment system. The implementation of the European projects in Romania need a structured and well coordinated approach, with a solid institutional background.
Journal: Studia Universitatis Babes Bolyai - Oeconomica
- Issue Year: 53/2008
- Issue No: 1
- Page Range: 92-101
- Page Count: 10
- Language: English