Romania’s retail e-payment market reaches €100 mn

Card transactions in online stores totaled €96 million in 2009, or 3% of total card payments of €3.2 billion, according to Netopia System, one of the largest micropayments companies in Romania.In 2009, card transactions made through the internet accounted for 1.5% (1,260,000) of total 84.4 million card payments in Romania.Antonio Eram, founder and chief executive of Netopia Systems said it expects e-payments volume to rise 20% from 2009, exceeding the 1,500,000 payments ...

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