Romanian Commercial Bank to launch smart cards in early April
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Tuesday, March 22, 2005
Starting from April 4, the Romanian Commercial Bank (Banca Comercială Română, or BCR), the country's largest bank, will launch a smart card system for all its ATM network as well as its point-of-sale terminals in more than 5,000 stores across Romania. While the system will be enabled to work with these cards from April, the smart cards themselves will only be issued to account holders in the second half of the year.
Smart cards in a banking context are cards which contain information on a chip and can permit greater security and control of transactions. BCR is the first Romanian bank to use this technology.
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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
