Nicolescu will enforce the PauU’s strategy until designating a new general manager, the company said in a statement Friday. Nicolescu had been general manager of PayU Romania between 2010 and 2011.
PayU’s online card payments in Romania, processed by RomCard, amounted to EUR176 million in 2012, up 27% on the year.
PayU, owned by Naspers, offers integrated e-commerce solutions.