PayPoint Romania has 97 partner suppliers on the local market, sevenfold higher from 2008.
“The company further developed its network countrywide, targeting the presence in large cities as well as in the rural sector without alternative payment systems. At the end of the first quarter of the financial year, June 30, PayPoint terminals set at 9,272 partner stores,“ according to Mugur Dogariu, managing director with PayPoint Romania.
Dogariu added that starting the current financial year, the company signed new partnerships with six suppliers on the “bills invoice payments,” including Apa Canal SA Galați, Aparegio Gorj, Nextebank and RWE Energie.
PayPoint is specialized in operating cash and electronic payments through retail terminals, its services being available in supermarkets, mini-markets countrywide. The company has a wide portfolio from money transfer, electronic currency, vignette payment, sanitation, transportation and security as well as bills payment.
The company’s most used service is the bills payment. Between March 2014-March 2015, PayPoint operated over 53.5 million transactions, compared with one million transactions during its first year on the local market.
PayPoint’s revenue were at GBP30.67 million (around 169 million lei) between March 2014 – March 2015, up 8.5% compared with the previous fiscal year.
(English version by Manuela Panescu)