THE EVOLUTION OF CARDS MARKET IN ROMANIA "BETWEEN" 2003-2008

To meet the requirements of the market economy from the beginning of a new millennium, in the specialization of non-cash payments, in the Romanian bank management has been materialized a technological option: a multifunctional tool for saving, payment and credit: card. The market of cards in Romania, although is still at the beginning, gives more visible signs of development, similar to the progress made by other countries in Central Europe. This has only a positive effect on the economy in Romania, as substantially reduces the costs of the banks related on transactions based on paper and cash and increases the confidence in the financial system from thousands of business men who enjoy the easiness and flexibility of payments made with cards. Lately, more and more Romanians who need liquidity, rather than use a credit consumer are guided to a banking card which offers a number of advantages: the award conditions are more casual, grace period up to 60 days, during which if the amounts are returned no interest is charged and the indebtedness costs are lower.