BANK Transilvania made a very interesting announcement today that surprised a lot of people, and that's because we're talking about an achievement that probably doesn't exist at any other bank in Romania. The people at BANCA Transilvania have no less than 4 million active cards at the moment, but that is not the amazing news, but the one according to which no less than 1 million of these cards are enrolled in wallets for mobile phones, a truly impressive figure.
BANK Transilvania has launched for some time the most varied range of wallets in the BT pay application, and this has brought a very large number of customers who use this type of service with their own mobile phones. 1 million own cards enrolled in wallets being something impressive for a bank in Romania, a country where, outside of the big cities, cash still "rules", although in the Coronavirus pandemic everyone has given up using it.
BANCA Transilvania: SURPRISING announcement with a view to Romania
BANK Transilvania offers the possibility to use BT Pay, Apple Pay, Fitbit Pay, Garmin Pay with its cards, and I think this is the most varied range of services that a bank in Romania offers. The Coronavirus pandemic has greatly accelerated the use of this kind of service with BANCA Transilvania cards, and this is perfectly normal since the world has kind of given up cash in favor of contactless payments, including the Romanian Government recommending it.
BANK Transilvania explain in the document above what is the situation with the world's transition from cash to contactless and online payments, the Coronavirus fundamentally changing the way Romanians pay for everything. On the one hand, this is also good news because it is infinitely easier to pay with your phone or card, whatever, than to struggle with money, and I have to admit that for over 2 months I haven't stopped by any ATM, and I haven't paid anything with cash.
BANK Transilvania it shows us where Romania is headed, the tendency being to make a quick and forced transition to an easier life in the field of payments, even if not all Romanians will stay with these habits.
