The National Bank of Moldova announces that from 31.07.2024 the MIA instant payment system is also available for businesses, which was initially launched for individuals.
MIA Instant Payments – 100 000 users
The MIA instant payment system, developed by the National Bank of Moldova and accessible through mobile applications, already has more than 100 000 users.
Bank Cards circulation in Moldova in 2023
The National Bank of Moldova published statistics – The number of cards in circulation in Moldova at the end of the 2023.
Moldova signed the application for SEPA accession
On January 30, 2024, the President of the National Bank of Moldova signed an application for the accession of Moldova to the Single Euro Payments Zone.
What are MOTO payments?
MOTO payments (Mail Order Telephone Order) mean accepting orders without the physical presence of the buyer, for example, by phone, e-mail or fax. Payment by bank card occurs in accordance with the requirements of PCI DSS, when the full number of the buyer’s bank card is unknown to the seller.
Card protection for online payments
Check the security of online merchants. Use a safe environment for making payments. Management of CVV2 / CVC2 / CID codes and one-time passwords.
Instant Payments – Analysis
Instant payments are electronic payment solutions that process payments in real time, 24 hours a day, all year long, where the funds are made available immediately for use by the recipient.
Payment methods available in Moldova
Cash. Bank transfer. By bank card online. By bank card using a POS terminal. Payment Terminals (Cash-In or ATM). Payment using e-wallets (Payment systems). Cash payment at banks or Posta Moldovei.
Bank Card Fraud Preventing. Tips
This document is not a complete guide, but a desire to acquaint with the basic principles that reduce the likelihood of chargebacks for an Internet store. Operational work of the online store. Technical highlights. Security measures.