Compared with 2020, the volume of online payments is seen up nearly 12% and the number of transactions to be recorded on Nov 12 is expected to go up by 25% versus last year’s Black Friday edition. 

PayU Romania also expects the value of a shopping basket paid in instalments to be 60% higher than the value of an average shopping basket. The single-click payments are envisaged to account for nearly 65% of online transactions on the first day of the Black Friday sales campaign, 35% more than in the previous edition.

Companies Altex, Elefant, eMAG, FashionDays, Flanco, F64, iStyle, Jysk, PC Garage, Vivre are among the retailers in PayU’s portfolio that will participate in 2021 Black Friday edition.

PayU is the fintech and online payments division of Prosus, a global group operating in the online sector and one of the world’s largest technology investors. PayU is the main provider of online payment services across 50 markets.