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About 850,000 Romanians make 3.8 mln online card transactions in 2011

About 850,000 Romanians made 3.8 million online card payments in 2011, according to a release Netopia mobilPay sent on Wednesday to Agerpres.

The online card payments market recorded a 60-pct increase in 2011 in the number of transactions against 2010. Following various estimations of several companies, the all-in volume of online purchases exceeded 200 million euros, according to Netopia mobilPay.

The Romanians made 1.4 million more online payments in 2011 compared to 2010, with the increase higher than in the period 2009-2010, when the transactions stood at 1.1 million. In addition, 4.5 payments have been recorded on every card used for online transactions. Taking as a reference one card for each online shopper, Netopia mobilPay considers the number of online buyers amounts to nearly 850,000.

'The last year's advance was greatly influenced by the explosion of discount sites. Roughly 800,000 transactions have been made on these sites alone, while Romanians spent nearly 15 million euros on online discount coupons. Significant increases of over 15 percent were registered in tourism, payments of utilities and the IT service,' Netopia mobilPay Managing Director Antonio Eram said.

The Netopia mobilPay service recorded about 1.4 million transactions in 2011, with an average value of 29 euros.

'2011 meant for us an advance of nearly 30 percent in the market share. We are currently processing almost 40 percent of the Romanian online transactions and this year we target the leading position,' he also said.

Netopia mobilPay attracted 1,000 trade companies in 2011. The firm is the leader on the Romanian market in the field of SMS communication and micro-payments with the mobile phone. In June 2010, Netopia became the first Romanian company to have received an award in a competition in Silicon Valley.

Sursa: http://www.agerpres.ro

Tags: online transactions netopia mobilpay payments million about romanians

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