Online transactions with banking card increased to EUR 31.85mln

In the first quarter of 2010, the volume of online transactions with banking card in Romania amounted to EUR 31.85 million, which represents an increase of 70 percent compared to the same period last year, according to data from Romcard. During this interval, 603,437 transactions were processed. “These results are encouraging for the Romanian market of electronic commerce. Although initial estimations indicated a moderate growth, this first quarter started in force due to the entering of some new players in the online medium. Electronic commerce remains still a domain with potential growth,” said Carmen Sebe, CEO of GECAD ePayment. Through the ePayment platform there were 575,000 transactions, up to a total value of EUR 30.25 million.

Otilia Haraga