How to accept online payment in Romania?

09 Oct 2023 By PAYCEC

Accepting online payments in Romania is vital for businesses looking to tap into this market. Below is a detailed guide on facilitating online payments in Romania, ensuring a seamless and secure experience for your customers.

• Step 1: Choose a Payment Gateway or Service Provider

Embark on your journey by researching and selecting a payment gateway or service provider tailored to your business requirements. Romania offers a variety of options, including well-established providers like PayCEC, MobilPay, EuPlatesc, and PlatiOnline.

• Step 2: Create a Business Account

Begin by setting up a dedicated business account with your chosen payment gateway or service provider. This process typically entails providing essential business information, such as your company name, contact details, and tax identification number.

• Step 3: Integrate the Payment Gateway

Seamlessly integrate the selected payment gateway into your website or e-commerce platform. These gateways often offer user-friendly plugins, APIs, or code snippets to simplify the process.

• Step 4: Select Accepted Payment Methods

Tailor your payment offerings to meet customer preferences by selecting from various popular methods. Options include credit/debit cards (Visa, Mastercard), online bank transfers, e-wallets (such as PayPal), and mobile payment apps.

• Step 5: Configure Pricing and Currencies

Define your pricing structure and specify accepted currencies. Transparency in pricing, including any additional fees, is crucial to foster customer trust.

• Step 6: Implement Security Measures

Prioritize the security of customer data and transactions. Payment gateways usually provide robust security features, but it's vital to adhere to Romania's data protection regulations and industry standards.

• Step 7: Test Transactions

Conduct thorough testing to verify the accuracy of online payment processing. Test various payment methods to ensure they function as intended.

• Step 8: Secure Your Website with SSL

Bolster trust with online shoppers by securing your website with SSL (Secure Sockets Layer) encryption. It protects customer data during transactions.

• Step 9: Display Payment Options Clearly

Make the accepted payment methods highly visible on your website and offer concise guidance to streamline the payment process for your customers.

• Step 10: Offer Customer Support

Provide accessible customer support channels to assist with payment-related queries or issues. Ensure your customers can easily reach out for assistance during the payment process.

• Step 11: Monitor Transactions

Keep a vigilant eye on transactions and reconcile payments with your accounts. Payment gateways typically provide reporting tools to aid in tracking sales and revenue.

• Step 12: Stay Informed About Regulations

Stay informed about evolving regulations and compliance requirements related to online payments in Romania, particularly those regarding data protection and taxation.

• Step 13: Optimize for Mobile Devices

Acknowledge the prevalence of mobile device usage among Romanian consumers. Ensure that your online payment process is optimized for mobile users.

• Step 14: Offer Multiple Languages

To broaden your customer base, consider offering your website and payment process in multiple languages, accommodating non-Romanian speakers.

• Step 15: Promote Your Payment Options

Actively market the available payment methods through your marketing channels and prominently feature them on your website's checkout page.

By following these steps and selecting a trusted payment gateway or service provider, your business can seamlessly embrace online payment acceptance in Romania, paving the way for a secure and frictionless shopping experience for your valued customers.