Comparative Study of Bank Cards in Romania, Bulgaria and Hungary

Irena Munteanu ()
Additional contact information
Irena Munteanu: “Ovidius†University of Constanta, Faculty of Economic Siences, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 2, 927-932

Abstract: The digital age in which we live has brought changes to the financial and payments industry. Whereas until recently banknotes and coins were in power, in recent years electronic money has become the main player in payments. Due to political regimes up to the 1990s, Eastern European countries were late to access financial innovations. However, in recent years, the market for bank cards has been dynamic in this part of the EU as well. This paper analyses the types of cards present on the Hungarian, Bulgarian and Romanian markets. The comparative study of the evolution of the number of cards over a period of 7 years will show us which are the common and individual characteristics. The paper is relevant for analysts and the public because it also captures the period of the Covid 19 pandemic. At the end some directions for future studies are presented.

Keywords: credit card; debit card; electronic money (search for similar items in EconPapers)
JEL-codes: E44 F10 F19 F40 G20 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%205/16.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:927-932

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().