What is the payment gateway in Romania?

09 Oct 2023

A payment gateway is the technological linchpin, orchestrating the secure data exchange between customers and merchants. It forms the bedrock of online financial transactions, ensuring the seamless acceptance of payments in the digital realm.

Roles of Payment Gateways:

• Data Encryption: Payment gateways act as digital guardians, employing robust encryption protocols to shield sensitive payment details from prying eyes during transmission.
• Authorization: The gateway verifies the legitimacy of payment methods and assesses the availability of funds or credit limits before granting the transaction a green light.
• Response Handling: Once a payment request is processed, the gateway assumes the role of messenger, conveying responses to both the customer and the merchant. These responses signify the transaction's fate, whether a success or a hiccup.
• Security: Payment gateways implement stringent security measures and adhere to industry standards like PCI DSS, cocooning customer data and bolstering trust in digital transactions.

Here are some of the prominent payment gateways and service providers commonly used in Romania:

• PayCEC: PayCE is a widely recognized international payment gateway in Romania. It offers comprehensive payment processing solutions, including credit and debit card payments, online bank transfers, and digital wallet payments. 
• MobilPay: MobilPay provides services for accepting online payments, including card payments, SMS payments, and mobile wallet payments. MobilPay is a popular choice among businesses looking for mobile-centric payment solutions.
• EuPlatesc: EuPlatesc is a Romanian payment gateway that offers secure online payment processing services. It supports various payment methods, including card payments and online bank transfers. 
• PlatiOnline: PlatiOnline is another notable Romanian payment gateway provider. It offers a range of payment solutions for businesses, including online card payments, bank transfers, and recurring payments. PlatiOnline is known for its versatility and reliability.
• Netopia: Netopia is a payment gateway in Romania that offers online payment processing services, including card payments and direct debits. It serves businesses of various sizes and industries, providing secure and efficient payment solutions.