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70% of Romanian e-commerce by card generated by Romanians abroad

Autor: Anca Barbulescu

20.10.2010, 00:09 10

Of the 68.5m euros in online payments by banking card registeredin the first six months of 2010, approximately 47.5m eurosaccounted for transactions operated from abroad, according tostatistical data provided by ePayment, the company processing over90% of electronic payments operated for online stores ofRomania.


The company has been recently sold by businessman Radu Georgescuto Allegro group owned by Naspers South-African media giant.
Overall, during the January-July period of this year, 498,500 ofthe almost 1.2 million transactions operated in Romanian onlinestores were done from computers located outside the country.
On average, a payment made in Romania amounted to 30 euros, whileone made by Romanians living abroad on average got close to the100-euro mark.
In terms of the way these sums are divided, it is quite difficultto say what Romanians from abroad buy from Romanian online stores.Instead, in terms of transactions, most of them are done for thepayment of telecom bills, followed by travel tickets, services,utilities payment and retail.

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