tbi bank joins the EuPlatesc platform to help over 2,000 retailers become more competitive and boost sales

Retail sales volumes are on a declining trend this year, as inflation continues to erode Romanians’ purchasing power. To help retailers boost sales and offer customers a new efficient financing tool, tbi bank has partnered with EuPlatesc.ro, one of the leading payment processors in Romania, working with almost 2,000 retailers.

This agreement is part of tbi bank’s strategy to support social and financial inclusion throughout society by increasing access to finance and quality products for many social categories.

Customers will have easier access to a larger portfolio of high-quality products, through the Buy Now, Pay Later (BNPL) solution, allowing people to pay in 4 interest-free installments or apply for longer periods financing with accessible interest rates.

”The last year has not been easy for retailers in Europe, as rising prices have forced consumers to reduce the volumes of goods they buy or switch to more affordable brands, diminishing the overall value of their shopping cart. We have always responded to their wishes and created efficient and consumer-friendly financing solutions. Partnering with EuPlatesc.ro helps us to offer these solutions to a growing number of retailers, with beneficial effects on the economy as a whole”, said Ionut Sabadac, VP Merchant Solutions, tbi bank.

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tbi bank offers a flexible online payment instrument, available 24/7, with a 100% online flow via electronic signature. Customers can choose the payment period, either 4 months or between 6 and 60 months, depending on their needs, and they can pay in advance at any time, at no cost.

“In the current economic context, there is a need for mutual support in the business environment in Romania – and through the fast online payment and financing solutions we offer, we support both retailers in business development and Romanian consumers. Thus, through the strong partnership with tbi bank, we offer various online payment options, great flexibility and meet the needs of retailers and consumers”, says Stefan Suceveanu, co-founder of EuroPayment Services, the company that owns the EuPlatesc.ro payment solution.

EuPlatesc.ro has extensive experience in providing services as an e-commerce solutions integrator and online bank card transaction processor using the most secure authentication technology available – 3DSecure.