Romanian e-payment platform Netopia Payments reported a 60% increase in the total volume of processed card transactions in 2020 compared to the previous year, Agerpres reported.

The company also said it processed a record RON 97,000 (EUR 20,000) transaction.

Last year, the company exceeded the threshold of EUR 2 billion worth of processed payments in total since launching its operations in 2009.

In 2020, the number of online card transactions increased by approximately 20%, while the average value of processed transactions increased by 30% to RON 215 (EUR 44).

The leading categories of products and services for which Romanians paid online by card included utility bills and financial services. The FMCG segment also registered a significant increase, alongside IT&C and Pharma & Health products.

In contrast, Romanians made fewer online payments for tourism and events services, a sector among the most affected by the restrictions imposed in the pandemic context.

(Photo: Pixabay)

andrei@romania-insider.com