The National Bank of Moldova released a new video in its explanatory series on the digital evolution of the financial system, positioning the adoption of new technologies aligned with European standards as central to modernising financial services in the context of Moldova’s European integration. The material highlights changes in how citizens use financial services, including mobile payments, near-instant money transfers and app-based account management. It points to MIA Instant Payments as enabling secure, cost-efficient transfers in a few seconds, and notes Moldova’s acceptance into the Single Euro Payments Area, which is expected to facilitate EUR transactions with European countries on the same favourable terms as domestic transfers, supported by lower fees, shorter waiting times and enhanced personal data protection through advanced security systems.
National Bank of Moldova 2025-06-13
National Bank of Moldova publishes explainer on financial system digitalisation highlighting MIA Instant Payments and SEPA acceptance
The National Bank of Moldova released a video on the digital evolution of the financial system, emphasizing technology adoption aligned with European standards to modernize services amid European integration. It highlights advancements like mobile payments, near-instant transfers, and app-based account management, with MIA Instant Payments enabling secure, cost-efficient transactions. Moldova's acceptance into the Single Euro Payments Area is expected to facilitate EUR transactions with European countries, offering lower fees, shorter waiting times, and enhanced data protection.