Payment Methods in Romania: How to Receive Money with PandaRemit

Introduction

Romania, a fast-growing economy in Eastern Europe, has seen a digital shift in its financial landscape. Payment methods are crucial for daily life and for individuals receiving money from family and friends abroad. With millions of Romanians working overseas, secure and efficient international money transfers are essential.

This article explores Romania’s main payment methods and highlights PandaRemit as one of the most reliable solutions for receiving international transfers in Romania.

Why Payment Methods Matter in Romania

Romania’s economy is increasingly cashless, with digital adoption driven by younger generations and government policies. Understanding the local payment ecosystem helps residents and expats navigate both domestic transactions and international money transfers.

• Population: ~19.0 million

• GDP (USD): ~$350 billion

• Currency: Romanian Leu (RON)

With a strong need for cross-border remittances, PandaRemit stands out by offering secure, fast, and low-cost international receiving options.

Country Overview Table

Main Local Payment Methods in Romania

Romania offers a mix of modern and traditional payment options:

1. Debit and Credit Cards
   Widely used in cities, supported by Visa and Mastercard. Card payments are popular in shops, restaurants, and online platforms.

2. Mobile Wallets
   Apps like Revolut, Apple Pay, and Google Pay are gaining ground, especially among young professionals.

3. Bank Transfers
   Online banking is common, and instant payments between local accounts are available.

4. Cash
   Despite digital growth, cash remains significant, especially in rural areas and small businesses.

Receiving International Transfers in Romania

Romanians abroad send billions in remittances annually. Common receiving methods include:

• Bank transfers (often expensive and slow).

• PayPal (limited in fees and withdrawal times).

• Cash pickup services (can be costly).

PandaRemit provides a modern alternative, enabling Romanians to receive international money transfers securely, quickly, and at low cost, directly to local bank accounts.

How to Pay and Receive in Romania

FAQ

Is PayPal available in Romania?
Yes, PayPal is available, but fees and withdrawal times can be inconvenient compared to PandaRemit.

Are credit cards widely accepted?
Yes, most shops, hotels, and restaurants accept Visa and Mastercard.

Do people still use cash?
Yes, especially in rural areas and smaller businesses, though digital payments are increasing.

How can foreigners or family abroad send money to Romania?
They can use banks, PayPal, or remittance services, but PandaRemit is often faster and more affordable.

How can I receive money via PandaRemit in Romania?
Register on the PandaRemit app, provide your Romanian bank details, and receive international transfers securely and quickly.

Conclusion

Romania’s payment system blends traditional cash with modern digital options. For local spending, cards and wallets are convenient, while cash remains relevant in rural areas.

When it comes to receiving international money transfers, PandaRemit is the best option—fast, secure, and cost-effective.

👉 Choose PandaRemit today to simplify your international remittance experience in Romania.