This move will enable PayPoint to compete with PayU and Netopia MobilPay.
“Entry on the online and mobile payment segments is definitely one of our priorities in the near future, as these are two areas where we will make our presence felt considering the portfolio of payment methods available with the PayPoint group,” Mugur Dogariu, managing director PayPoint Romania told ZF.
Mobile payments will be enabled via an application installed on smartphones and could be used by parking or taxi service providers.
“Paying for parking or taxi rides could be just the beginning. Renting a bike could be done in the same way, too,” Dogariu said.
PayPoint Romania, whose annual revenue in Romania stands at more than EUR30 million revenue, has a network of more than 8,300 terminals in this country where people can pay their utility and telecom bills, loan installments, insurance policies, transfer money, recharge prepaid phone cards and pay cash for online services.
The company processed more than 39 million bills in March 2013 – March 2014, an increase of 53% on the previous fiscal years as a result of the expansion of its network of terminals, of partnerships with new suppliers and promotion via marketing campaigns.
“Rural areas are very important to us. We usually are where no one can go. You won’t see a bank in a rural community of 5,000 to 10,000 people but you will see two or three PayPoint terminals,” Dogariu said.
(English version by Loredana Fratila-Cristescu)