PayU Romania general manager Daniel Nicolescu said online stores selling IT products and household electronic appliances will register the bulk of orders and enjoy sales increases of up to 300%. He added, however, the fashion, toys and books segments will also see sales increases of over 40%.
PayU Romania is a provider of integrated e-commerce solutions and a member of the PayU Group, owned by multinational media group Naspers Ltd.
PayU holds the top spot on the Romanian online payment market, with over 2.8 million transactions processed in 2012, which reached EUR176.4 million and accounted for 80% of Romcard’s total volume.