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Study of the Day: VISA study: 83% of Romanians who intend to travel abroad will pay digitally

Summary of VISA Study on Payment Habits of Romanian Travelers

Key Findings

  • 83% of Romanians traveling abroad intend to use digital payments during their vacation.

  • Mobile payments are gaining popularity among all age groups, with 34% of travelers aged 35-44 planning to use their phone or smartwatch.

  • The top reasons for using digital payments are convenience (61%), speed (55%), and security (54%).

  • 75% of travelers decide on their payment methods before leaving for their vacation.

  • When traveling to a country with a different currency, 53% of respondents plan to use the same card as they do at home, while 72% of Romanian travelers opt for a card associated with a multicurrency account.

  • Romanians' top spending categories during their vacations are food and beverages, souvenirs, and entertainment.

  • 28% of Romanian tourists are willing to pay more for "green" solutions when traveling, and 18% would be more inclined to choose eco-friendly options if it saved them money.

Key Takeaways

  • Digital payments are becoming increasingly popular among Romanian travelers.

  • Travelers appreciate the convenience, speed, and security of digital payments.

  • Visa offers a variety of payment methods and tools to help travelers manage their finances while abroad.

Implications for Brands

  • Brands should accept digital payments to cater to the growing demand from Romanian travelers.

  • Brands should promote their digital payment options to inform travelers of their availability.

  • Brands should consider offering eco-friendly options to attract travelers who are environmentally conscious.

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