“The number of lei transactions processed by RomCard rose by 53% in 2013, against the number processed in 2012, while the volume of these deals remained relatively flat in the two years. The volume of transactions stood at 220 million euro in 2013,” the company said.

The most important changes in 2013 were an increase in the number of lei transactions for the payment of utilities, a rising number of transactions in installments and of recurrent transactions.

Utku Ogrendil, chief executive officer of Provus Group, said the 2013 growth in the number of online banking transactions processed by RomCard was particularly due to a rising number of relatively low-value transactions.

ProvusService Provider, together with its subsidiaries, RomCard and Supercard Solutions & Services, make up Provus Grup, which is controlled by Innova Capital investment fund.

RomCard, set up in 1994, is the first card processing center in Romania. It processes transactions with Visa, MasterCard, AMEX and Dinners card and its clients include over 25 banks and financial institutions of Romania and the Republic of Moldova.

(English version by Catalina Apostoiu)